A question on #Research #TaxAllowances tabled by Michael Wheeler on 11-03-2025 has been answered by James Murray.

Heading: Research: Tax Allowances
Question ID: 1783430
UIN: 37456
House: Commons
Date tabled: 2025-03-11
Asking Member ID: 5242
Asking Member display name: Michael Wheeler
Asking Member handle: MWheelerMP
Asking Member Twitter reference: @MWheelerMP
Member interest: false
Question text: 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
Is named day: true
Date of holding answer:
Date answered: 2025-03-25
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4797
Answering Member display name: James Murray
Answering Member handle: jamesmurray_ldn
Answering Member Twitter reference: @jamesmurray_ldn
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: When 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...
Original answer text:
Comparable answer text:
Answering body ID: 14
Answering body name: Treasury
Tweeted: true