Research and Development Expenditure Credit

HM Treasury written question – answered on 12th December 2017.

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Photo of Rebecca Long-Bailey Rebecca Long-Bailey Shadow Secretary of State for Business, Energy and Industrial Strategy, Member, Labour Party National Executive Committee

To ask Mr Chancellor of the Exchequer, with reference to page 69 of the Industrial Strategy, when he plans to introduce an advanced clearance service for R&D expenditure credit claims.

Photo of Mel Stride Mel Stride Financial Secretary to the Treasury and Paymaster General

As announced at Autumn Budget and in the Industrial Strategy, the government will introduce an Advanced Clearance Service for R&D Expenditure Credit claims. The Advanced Clearance Service will be introduced following a pilot program with selected businesses. The pilot will start shortly.

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