If your company is claiming R&D tax relief, there is a crucial step you cannot afford to overlook: the Additional Information Form (AIF). Yet many businesses are still uncertain about what the Additional Information Form involves. In this article, we explain its purpose, highlight how to avoid common mistakes for a compliant and smooth submission.

For many innovative businesses, R&D tax relief is a valuable source of funding, and getting it right is paramount. Yet, many founders believe they can manage their claims in-house without external support. After all, they know their business better than anyone, so why bring in a provider?

The annual HMRC’s report including the latest R&D tax credits statistics offers important insights into the state of innovation within the UK economy. Despite the challenges brought by the COVID-19 pandemic, the UK’s business landscape is showing remarkable resilience.