In the guidelines set out by HMRC they state that:
“There is no record keeping requirement specifically for the purposes of claiming R&D relief, but the general CTSA requirement to keep sufficient records applies. Therefore, HMRC officers should be flexible in considering what records...
Financial Technology (FinTech) has seen exceptional growth in Research and Development (R&D) tax relief claims in the last few years. In 2012, investment in FinTech internationally was $8.9bn whereas in the 12 months to July 2018 that figure rose to $57.8bn, and indications are that it will...