Research: Tax Allowances

(asked on 17th January 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many claimants have been sanctioned for falsely claiming for (a) R&D expenditure credit and (b) small and medium-sized enterprise R&D tax relief.


Answered by
Nigel Huddleston Portrait
Nigel Huddleston
Financial Secretary (HM Treasury)
This question was answered on 22nd January 2024
HM Revenue and Customs conducts both civil and criminal investigations into R&D claimants it suspects have made false claims. HM Revenue and Customs does not centrally store data regarding penalties imposed due to falsely claimed R&D. It should be noted that in both civil and criminal operations, R&D (and any related penalty) may be one part of the investigation and form an element of the subsequent penalty and/or sentence.
Reticulating Splines