Oral Answers to Questions Debate

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Department: Scotland Office

Oral Answers to Questions

Fiona Bruce Excerpts
Wednesday 9th March 2011

(13 years, 2 months ago)

Commons Chamber
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David Mundell Portrait David Mundell
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What I am aware of is that Her Majesty’s Revenue and Customs R and D tax and credits unit held a workshop in Glasgow on 9 February, and it was well attended by businesses from the Glasgow area.

Fiona Bruce Portrait Fiona Bruce (Congleton) (Con)
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Do the Government intend to abolish the intellectual property restrictions on R and D tax credits, which would make it much easier for companies in Scotland in the biotechnology and micro-electronics industries to benefit?

David Mundell Portrait David Mundell
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The Government do indeed intend to abolish that restriction, and I believe that it will have the benefits that my hon. Friend outlines.