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1718472

registered interest
date	15/05/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Research and Development Tax Credit
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, pursuant to the Answer of 8 May 2024 to Question 24673 on Research: Tax Allowances, whether HMRC monitors the number of unsuccessful R&D tax relief claims on an annual basis; and if he will make an assessment of the potential impact of HMRC's volume compliance approach on the number and proportion of claims from small and medium-sized enterprises that have been successful since 2022.
tabling member constituency	Glasgow North East
tabling member printed	Anne McLaughlin
uin	26504
answer	answer is ministerial correction date of answer 20/05/2024 answer text <p>HMRC continually monitors its compliance approach to R&amp;D tax reliefs, which is in line with their wider aim to help people get their tax right first time through education, improving our systems, and stepping in with proportionate, targeted responses where tax is at risk of going unpaid.</p><p> </p><p>HMRC undertake high-volume targeted activity to contact multiple customers who make similar mistakes, prompting them to correct the errors. Examples of this include trade sectors where HMRC do not generally see successful claims for R&amp;D.</p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 20/05/2024 14:20:59 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4437 label Biography information for Anne McLaughlin

1715654

registered interest
date	02/05/2024
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Research and Development Tax Credit
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many small and medium sized enterprises were unsuccessful in securing research and development tax relief (a) in 2024 to date and (b) between 1 January and 2 May 2019.
tabling member constituency	Glasgow North East
tabling member printed	Anne McLaughlin
uin	24673
answer	answer is ministerial correction date of answer 08/05/2024 answer text <p>HMRC publish R&amp;D statistics annually, the latest publication can be found on Gov.uk at <a href="https://www.gov.uk/government/statistics/corporate-tax-research-and-development-tax-credit/research-and-development-tax-credits-statistics-september-2023" target="_blank">Research and Development Tax Credits Statistics: September 2023</a>.</p><p> </p><p>Previous statistics are archived and can be found at <a href="https://webarchive.nationalarchives.gov.uk/ukgwa/20230104003818/https:/www.gov.uk/government/statistics/corporate-tax-research-and-development-tax-credit" target="_blank">The National Archives website.</a></p><p> </p> answering member constituency Mid Worcestershire answering member printed Nigel Huddleston question first answered 08/05/2024 08:14:31 answering member 4407 label Biography information for Nigel Huddleston
tabling member	4437 label Biography information for Anne McLaughlin

731978

registered interest
date	22/06/2017
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Research and Development Tax Credit
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many people received research and development tax credits in (a) 2014-15, (b) 2015-16 and (c) 2016-17.
tabling member constituency	Bootle
tabling member printed	Peter Dowd
uin	638
answer	answer is ministerial correction date of answer 27/06/2017 answer text <p>Research and development tax credits are claimed by companies. The number of companies claiming tax relief on research and development in 2014-15 was 20,935. HM Revenue and Customs publish this information within a statistics release at:</p><p> </p><p><a href="https://www.gov.uk/government/statistics/corporate-tax-research-and-development-tax-credit" target="_blank">https://www.gov.uk/government/statistics/corporate-tax-research-and-development-tax-credit</a></p><p> </p><p>The next publication will include information for 2015-16. Information for later years are not yet available.</p> answering member constituency Central Devon answering member printed Mel Stride question first answered 27/06/2017 15:23:01 answering member 3935 label Biography information for Mel Stride
tabling member	4397 label Biography information for Peter Dowd

450329

registered interest
date	03/02/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Research and Development Tax Credit
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what the (a) primary and (b) secondary policy purposes are of research and development tax credits.
tabling member constituency	Feltham and Heston
tabling member printed	Seema Malhotra
uin	25842
answer	answer is ministerial correction date of answer 08/02/2016 answer text <p>R&amp;D tax credits support businesses to invest in Research &amp; Development (R&amp;D). They play a key role in the Government’s objective to have a tax system that supports productive investment. A 2015 evaluation by HM Revenue and Customs found that each £1 of tax foregone by R&amp;D tax credits stimulates between £1.53 and £2.35 of additional R&amp;D investment.</p> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 08/02/2016 16:05:45 answering member 1529 label Biography information for Mr David Gauke
tabling member	4253 label Biography information for Seema Malhotra

443408

registered interest
date	08/01/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Research and Development Tax Credit
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, how many businesses benefited from R&D tax credits in 2014-15; what the cost of R&D tax credits was to his Department in that year; and what the return on investment was of R&D tax credit expenditure for his Department.
tabling member constituency	Warwick and Leamington
tabling member printed	Chris White
uin	21685
answer	answer is ministerial correction date of answer 13/01/2016 answer text <p>R&amp;D tax credit statistics are published by HMRC each September, so the final figures for 2014-15 won’t be available until September 2016.</p><p>HMRC’s latest statistics for 2013-14 show that there were 20,100 claims to R&amp;D tax credits in that year, and that the scheme cost £1.75bn.</p><br /><p>In March 2015, HMRC published an evaluation of R&amp;D tax credits. This evaluation estimates that for every pound spent by the government onR&amp;Dtax credits, between £1.53 and £2.35 is additionally spent onR&amp;Dby UK companies.</p><br /> answering member constituency South West Hertfordshire answering member printed Mr David Gauke question first answered 13/01/2016 15:51:46 answering member 1529 label Biography information for Mr David Gauke
tabling member	4114 label Biography information for Chris White