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United Kingdom · Question · Written question

UIN 13698

Business: Tax Allowances

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

7 June 2022

Last action

13 June 2022 · Answer

Status

Answered

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Discovery layer

Source updated

13 June 2022

Summary

To ask the Chancellor of the Exchequer, if he will bring forward legislative proposals to introduce tax credits for businesses that invest in research and development.

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Timeline

  1. 7 June 2022

    Written question

    To ask the Chancellor of the Exchequer, if he will bring forward legislative proposals to introduce tax credits for businesses that invest in research and development.

    Source: Commons

  2. 13 June 2022

    Answer

    The Government offers two separate Research and Development (R&D) tax reliefs, the Research and Development Expenditure Credit (RDEC) and an additional Corporation Tax deduction for Small and Medium-sized enterprises. Both are available to loss-makers as ...

    Source: Written answer

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