Schedule 12 - Tax relief for expenditure on research and development

Part of Finance Bill – in a Public Bill Committee at 6:45 pm on 21st May 2002.

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Photo of Dawn Primarolo Dawn Primarolo Paymaster General (HM Treasury) 6:45 pm, 21st May 2002

I am grateful to the right hon. Member for Fylde for giving way immediately. I can assure him that we intend to produce guidance or practice notes, and that the discussions on that subject are taking place. Guidance would ensure that companies could navigate the more difficult points, be clear about their entitlement and receive it.