Written Question·Treasury·UIN 41177

Research: Tax Allowances

Tabled: 25 March 2025

Answered: 2 April 2025

Question

Nick Timothy

To ask the Chancellor of the Exchequer, if she will make an estimate of the average cost for businesses applying for R&D tax relief.

Answer

James Murray

In October 2024, HMRC released operational data in the Approach to Research & Development Tax Reliefs 2023-2024 publication. This includes data from 2022-2023 and 2023-2024 on the number of R&D enquiries, the proportion of claims requiring adjustm...

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