On 28 October 2015, the UK HMRC published its plans to improve access to Research and Development (R&D) tax relief for small businesses. According to the plan, some of the specific actions HMRC will take include:
- Launching an Advance Assurance program on R&D tax relief in November 2015 for companies with turnover under GBP 2 million and fewer than 50 employees;
- Increasing communication between HMRC and customers on R&D policy and technical developments;
- launching a project to id…