Advance Assurance
%20(2)%20(1)-1.jpg?width=1200&height=290&name=Intellectual-property-1%20(1)%20(2)%20(1)-1.jpg)
When to Apply for Advance Assurance
Advance Assurance should be considered before submitting your first R&D tax claim to HMRC. In some cases, it may be relevant before or after the underlying R&D activity has taken place, but it must be in place before the first claim is submitted.
Eligibility Criteria for Advance Assurance
To be considered for Advance Assurance, your company must meet HMRC’s current conditions for the process. This generally applies to first-time claimants that have not previously made a claim for R&D tax relief and that meet the relevant size and status requirements.
Claim Notification Requirements
You may need to notify HMRC of your intention to claim R&D tax relief, depending on the accounting period and the rules that apply to your claim. This requirement is separate from Advance Assurance and should be checked carefully before submitting a claim.
While it is possible to apply for Advance Assurance yourself, working with specialists can help you check eligibility, prepare the claim correctly, and avoid avoidable errors.
Curious about how your company can benefit from the full range of tax incentives? Explore our Innovation Tax Reliefs services for a complete overview.
📞 Call us on 0208 037 1030 or fill in the enquiry form on the bottom of this page to get started.
Innovation Tax Relief Service Team
.png)
.png)
%20(1).png)
%20(1).png)
.png)
.png)
.png)
Recent News
.png)
