On 30 November 2015, following a consultation, HMRC launched a voluntary, non-statutory advance assurance service available to small and medium-sized enterprises (SMEs).
To take advantage of the new service, an SME must:
- be claiming R&D tax relief for the first time
- have an annual turnover not exceeding £2m
- have fewer than 50 employees.
If a claim for advance assurance is successful, the SME will be entitled to R&D relief for the first three accounting periods, without further enquiry.
See here for further details.