![]() The need for change was recognised when the company brought in a new FD from the FD Centre (The FDC is a market leading organisation of part-time FDs and MSC R&D has been their national partner since 2015, working with dozens of their clients). Not surprisingly there was a general lack of confidence as to the compliance of their claim submissions, and RPS were advised to err on the cautious side so as to avoid any risk of a HMRC enquiry. This advisor knew the basics of the scheme, but left it to RPS to identify the qualifying R&D. Prior to working with MSC R&D, RPS had, like many companies, gone several years without realising that they could actually claim R&D tax credits, before eventually deciding to use the services of a financially oriented advisor to help them with their claims.
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