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Media Reports of a Raid by Federal Police and Tax Office Agents Related to an R&D Claim

One of the major national newspapers has this week posted an article seeming to suggest that a raid by federal police and tax office agents on a start up in recent weeks may have been linked to the company’s R&D Claims.

Swanson Reed does not know specifics of this case, nor know whether the media reports are accurate, and will accordingly not mention the name of the entities involved. It is worth noting, however, that the magnitude of R&D Expenditure nominited in the article is very large (tens of millions) likely increasing any regulator scrutiny of the case.

 However, this report highlights the importance of documenting and assessing activities in accordance with programme regulator guidance to minimise the likelihood of ending up in costly dispute with the regulators.

Please get in touch with our office if you would like to speak to someone about a potential  R&D claim, or check out our website for more information.