UK accounts and tax

R&D claims can be a trouble for businesses which dont understand when they are eligible to apply. There will be penalties if claims prove wrong. So employer should understand properly what is scientific or technological uncertainty. Any internal improvements in processes or product will not be considered R&D until it has an impact on overall industry Surveys or free samples to check the market demand of the product is not R&D Improving the appearance of product just to make it attractive for users is not R&D unless required to adapt to R&D changes From 08 Aug-2023, Claim Notification form has to be submitted to support claims

HMRC Scams 💀 HMRC never use social media or whatsapp to offer tax rebates Or asking for financial or personal information If you get a call 📞 asking to press any number say 1 to make a payment for the lawsuit HMRC is filling against you HMRC sends text messages but never ask for personal or financial information HMRC never send emails 📧 for tax refunds or rebates. If the email contains any link then dont click on it. It may direct you to the form asking for personal and financial information To report any suspicious activity you can report phishing@hmrc.gov.uk. More details are available here about how scams and how to deal with them