Is your R&D tax relief CPD effective?
Wasting money on ineffective training is frustrating, but what are the most robust options on the market?
R&D tax relief sees regular updates to legislation, shifts in HMRC’s conduct, and changes to market attitudes. Even if you’ve got years of experience in the sector, you’re due for the occasional CPD refresher here and there. You could spend ages poring over every HMRC update and trawling the web for information, but that’s not going to be efficient, engaging, or verifiable. Options for external training can be difficult to judge, and they might just tell you what you already know.
So, what is the best use of your time when it comes to training? We’ll throw our hat in the ring for that claim.
Comprehensive R&D tax relief training
The R&D Community has the most complete offering for R&D tax relief training out there. Our courses cover core areas of the scheme as well as specific industries like software and construction. They’re delivered in a series of short videos, broken up with quizzes and tests. With training available on-demand, you can fit CPD hours around your day-to-day activities.
We closely monitor the industry as a whole and work that information into our training courses. For example, throughout 2023, some advisors received enquiry letters that specifically referenced marketing messages as contributing factors. Essentially, if you misrepresent the scheme on your website, HMRC might suspect you’re misrepresenting the scheme in your claims.
It’s another unexpected pitfall that advisors need to look out for, and not one that HMRC makes explicit in their guidance. So, we developed a course that focuses on ethical marketing in R&D tax relief. The course covers messages that set HMRC’s alarm bells ringing and extends further to prospect generation and client relationships.
Support options tailored to suit your needs
As well as training, membership also gives you access to all kinds of support. If you have a question that our courses don’t answer, you’ll get a timely and detailed response by contacting our R&D helpline. Sometimes you might need a second set of eyes to check a claim or a short-term capacity-boost to handle enquiry defence. Members have exclusive access to our claim support services. We don’t prepare claims ourselves, so we’re focused on supporting our members with theirs.
Our members-only forum is a hub of activity for rigorous discussion about the scheme. The forum has multiple active channels for different areas of R&D tax relief. Daily discussions range from quick technical questions to expansive dialogue about the latest legislation or industry trends. Whether you want to dive into the debates or just observe, it’s an effective tool for keeping your R&D-senses sharp.
Gain recognition as a responsible adviser
R&D tax relief received some bad press in the past, almost exclusively due to the actions of a few unsavoury characters. Some businesses are understandably wary about who they get to handle their claims. Responsible advisors can put their clients’ minds at ease by showcasing their membership to a professional community. Our members directory links to each of our members, making it easy for people to find you and verify your membership.
If you’re fed up with shoddy training courses and patchy lines of support, The R&D Community is ready to welcome you. We offer a range of membership options to accommodate the size of your team, including a new affordable option for single-seat users. If you want to try before you buy, take a look at our taster course.
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R&D tax relief training and support