Source · Select Committees · Business and Trade Committee

Ninth Report - UK plc

Business and Trade Committee HC 1120 Published 24 March 2023

Report Status

Government responded

Conclusions & Recommendations

14 items (5 recs)

Source

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Government Response

AI assessment · 14 of 14 classified

Accepted 8

Acknowledged 4

Deferred 1

Not Addressed 1

Recommendations

1 result

3 Deferred

Para 19

Whilst we recognise some of the challenges associated with the previous R&D tax credits scheme,...

Recommendation

Whilst we recognise some of the challenges associated with the previous R&D tax credits scheme, we call on the Government to conduct an annual review of the impact of recent changes on overall R&D investment in the UK to ensure … Read more

Government Response Summary

The government states the R&D tax relief review is ongoing, and a decision on whether to merge schemes will be made at the next fiscal event, deferring the specific request for an annual review of impact.

Department for Business and Trade

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