Should a breakdown of the qualifying expenditure be included in the claim report?

A breakdown of the qualifying R&D expenditure is needed to clearly show the trail from technical R&D activities to related expenditure and the resulting R&D benefit calculation. The technical and financial aspects should neatly align.

A summary of total expenditure by eligible cost category must be provided to HMRC. For accounting periods beginning on or after 1 April 2023, HMRC requires a further breakdown of some eligible cost categories by qualifying project.