R&D Long Accounting Periods
When inputting R&D figures for a period of longer than 12 months (i.e. where 2x corporation tax returns are needed), we are currently unable to put specific R&D expenditures in a specific corporation tax period. This is specifically an issue for where we have overseas workers and the second period starts after 1 April 2024 and where there are multiple projects and one or more started in the second period. Therefore, this means that expenditure is being brought into the claim period where it is non-qualifying.
Would it be possible to have a feature which would allow us to separate the expenditure per period as opposed to pro-rating it? I imagine this would work similarly to the R&D tax credit rate change from 1 April 2023 which allowed us to split the expenditure where the corporate tax period straddled 1 April 2023.
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