COV 22/18 – Extended Filing Deadline for R&D Loss Tax Credits

For a statement in relation to R&D loss tax credit and R&D repayment tax for 2021 tax year under s 70C of the Tax Adminsitration Act 1994, the date by which the statement must be filed has been extended to 31 August 2022.

Subject to the following:

Taxpayer must have difficulty filing statements on time because of circumstances arising either from imposition of COVID 19 response measures or because of COVID 19. This could include a key staff member or advisor having reduced availability or the financial impact of COVID 19 causing significant disruptions to the normal buisness operations.

August 2022