TB10/06-2 HMRC SETS UP SPECIALIST UNITS FOR R&D TAX CREDIT CLAIMS
[HMRC Tax Bulletin 85, October 2006]
HM Revenue and Customs is setting up seven specialist research and development (R&D) tax credit units around the country. The units will be up and running from 1 November 2006 and will deal with all R&D tax credit claims from companies apart from those dealt with by the Large Business Service. The units will deal with claims from small and medium enterprises under Schedule 20, Finance Act 2000 as well as claims by large companies under Schedule 12, Finance Act 2002 and claims to vaccine research relief under Schedule 13 Finance Act 2002.