What do HMRC mean by the term ‘Competent Professional’?

What do HMRC mean by the term ‘Competent Professional’? In overview terms, HMRC define compliant R&D for tax purposes as; ‘the seeking of an advancement in science or technology by overcoming scientific or technological uncertainty which is neither publicly available nor readily deducible by a competent professional working in the field’ The term ‘competent professional’ … Continue reading “What do HMRC mean by the term ‘Competent Professional’?”