Written Question·Treasury·UIN 37456
Research: Tax Allowances
Tabled: 11 March 2025
Answered: 25 March 2025
Named DayQuestion
Michael Wheeler
Labour — Worsley and Eccles
To ask the Chancellor of the Exchequer, what steps her Department is taking to (a) reduce the time taken to (i) investigate and (ii) review research and development tax credit claims and (b) support small businesses to access tax relief schemes available
Answer
James MurrayWhen HMRC receives an R&D relief claim, it goes through a risk assessment process. New additional information requirements mean HMRC can more accurately identify claims that may not be compliant and reduce the number of valid claims being picked for a...
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