Written Question·Treasury·UIN 5471

Research: Tax Allowances

Tabled: 11 September 2024

Answered: 7 October 2024

Question

Callum Anderson

To ask the Chancellor of the Exchequer, if she will take steps improve accessibility for high-growth SMEs to the research and development tax credit system.

Answer

James Murray

The Government recognises the important role that R&D plays in driving innovation and economic growth as well as the benefits it can bring for society. The UK’s R&D tax reliefs have a key role to play in supporting R&D investment in a fiscally...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 5471) →