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 Industrial Strategy: Building a Britain fit for the future, when the Government plans to launch the campaign to raise awareness of R&D tax credits.

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 work with small and medium sized businesses, and those developing new and emerging technologies, to ensure that they can access the maximum amount of support from R&D tax credits, and will launch a campaign to raise awareness in these sectors. We will work with stakeholders and across government to develop and deliver this campaign by April 2018.

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