Review by Tax Authorities
Most R & D tax credit claims (and all first-time claims) are audited by the tax authorities. The process is rigorous because of past abuses.
The technical descriptions are reviewed by a science officer, a person designated by the tax authorities who has a scientific background and an understanding of the income tax rules on what is eligible R & D. He or she visits the company to verify the accuracy of the project descriptions and to judge whether they meet certain guidelines.
If the projects are eligible, the next phase is verifying the composition of costs. This phase involves a tax auditor with experience in R & D.
We assist in all phases of the audit by answering queries and overcoming obstacles in the process of claiming the tax credits.