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HMRC revises Directions for the electronic submission of R&D notifications

HMRC has issued a new set of Directions which, with effect from 2 October 2024, set out approved methods for the electronic communication and authentication of various details for the following, all of which relate to R&D claims:

1. •

   R&D claim notifications

2. •

   submission of ‘additional information’ in relation to those claims

3. •

   notifications and provision of additional information in relation to ‘Chapter 2’ relief claims, which relate to claims for enhanced SME relief by companies in Northern Ireland (NB this was not included in previous versions of the Directions)

4. •

   amendments to company tax returns containing an R&D claim

The Directions are issued under the authority of the Income and Corporation Taxes (Electronic Communications) Regulations, SI 2003/282, regs 3 and 10.

See Simon’s Taxes: A4.166, D1.440.

Direct payment scheme for IHT extended to investment providers

For many years HMRC has operated a direct payment scheme which allows personal representatives (PRs) to instruct banks, building societies or National Savings & Investments