Navigating Pre-Notification Requirements for R&D Tax Relief in the UK

This article will guide you through these requirements and provide a call to action for businesses looking to claim R&D tax relief for the first time.

Understanding pre-notification requirements

Pre-notification is a mandatory step for companies planning to claim R&D tax relief. This requirement ensures that HMRC is informed about your intention to claim, helping to streamline the process and reduce the risk of errors or delays.

Who needs to submit a pre-notification form?

You must submit a pre-notification form if:

• You are claiming R&D tax relief for the first time.

• Your last R&D claim was made more than three years before the last date of the claim notification period.

When to submit the form

The claim notification period starts on the first day of your financial period (period of account) and ends six months after the end of that period. For example, if your financial period ends on 31st December 2024, you must submit the pre-notification form by 30th June 2025.

Information required

When submitting the pre-notification form, you will need to provide the following information:

• Company details: Registered name and unique taxpayer reference number.

• Company officer details: Name, role in the company, and contact information of the officer responsible for the claim.

• Project details: A brief description of the R&D activities, including the nature of the scientific or technological advancements and the uncertainties addressed.

Call to action

If your business is planning to claim R&D tax relief for the first time, now is the time to act. Here are the steps you should take:

1. Assess Eligibility: Determine if your projects qualify for R&D tax relief.

2. Prepare Documentation: Gather all necessary information and documentation required for the pre-notification form.

3. Submit the Form: Complete and submit the pre-notification form within the specified claim notification period.

By taking these steps, you can ensure a smooth and successful R&D tax relief claim, allowing your business to benefit from valuable financial support for your innovative projects.