New Clause 1: Finance Bill
New Clause 1 - Review of reliefs for research and development
“(1) The Chancellor of the Exchequer must, within three months of this Act being passed, publish a review of the implementation costs of the measures in section 2 incurred by—
(a) HMRC, and
(b) businesses.
(2) The review under subsection (1) must include details of the implementation costs of all measures related to credit or relief for research and development that have been introduced since December 2019.”—(James Murray)