Business, Innovation and Skills written question – answered at on 19 June 2012.
To ask the Secretary of State for Business, Innovation and Skills what assessment his Department has made of the potential for allowing the recovery of research and development spend where that spend is contracted out to contract research organisations; and if he will make a statement.
holding answer
This is an issue for companies seeking R&D tax credit relief on research and development spend. As this is a taxation policy, it is the responsibility of HM Treasury.
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