Source · Select Committees · Finance Bill Sub-Committee

Recommendation 5

5 Paragraph: 48

It is disappointing that the Government did not carry out a public consultation on the...

Conclusion
It is disappointing that the Government did not carry out a public consultation on the R&D intensive scheme, but instead appears to have chosen to consult on a confidential basis with selected stakeholders. We acknowledge that a formal consultation would have taken more time, but this might have avoided the need to make significant changes to the scheme in November 2023, only a few months after first announcing it.
Paragraph Reference: 48
Government Response

A response document is linked to this report, dated 3 May 2024. Response attribution to this conclusion has not been verified. Read the response document ↗