questionText: 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.
answerText: 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 ...
heading: Research: Tax Allowances