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United Kingdom · Question · Written question

UIN 8856

Research: Tax Allowances

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

9 January 2024

Last action

15 January 2024 · Answer

Status

Answered

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Discovery layer

Source updated

15 January 2024

Summary

To ask the Chancellor of the Exchequer, if he will take steps to reduce the (a) time taken and (b) administrative burden for small- and medium-sized businesses to make research and development tax credit claims.

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Timeline

  1. 9 January 2024

    Written question

    To ask the Chancellor of the Exchequer, if he will take steps to reduce the (a) time taken and (b) administrative burden for small- and medium-sized businesses to make research and development tax credit claims.

    Source: Commons

  2. 15 January 2024

    Answer

    At Spring Budget 2023 the Government announced a new permanent rate of relief for the most R&D intensive loss-making small and medium sized enterprises (SMEs). The Government also announced at Autumn Statement 2023 the merging of the current SME and RDEC ...

    Source: Written answer

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