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HMRC

HMRC urges companies to crack down on R&D tax fraud and error

This comes as this year’s Lords Finance Bill sub-committee’s report estimates that £469m was lost through fraud and error in its two R&D schemes last year

HMRC has written to more than 2,000 companies as part of its ever-increasing compliance activity to crack down on fraudulent and inaccurate R&D tax relief claims.

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