Now that the R&D Additional Information Form (AIF) is live, it is timely for HMRC’s Large Business Directorate (LBD) to have updated its guidance on making R&D claims.
For UK tax practitioners who are feeling bereft after binge-watching the final season of Succession, the ongoing series of ‘unallowable purpose’ cases offers plotlines that are, if admittedly less glossy, no less intriguing.