questionText: To ask the Chancellor of the Exchequer, what the average processing time is for HMRC Research and Development tax relief claims; and what steps she is taking to reduce that time.
answerText: HMRC seeks to balance its compliance efforts with the need to pay legitimate claims promptly. HMRC aims to process 85% of payable Research and Development (R&amp;D) tax credit claims within 40 days. The 85% aim acknowledges that certain circumstances will...
heading: Research and Development Tax Credit