Science: Research

(asked on 29th October 2021) - View Source
Questioner
Chi Onwurah Portrait
Chi Onwurah
(Labour - Newcastle upon Tyne Central and West)

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to the Autumn Budget and Spending Review 2021, what estimate he has made of spending on (a) science and (b) R&D tax reliefs as a proportion of GDP for each year from 2018 to the end of the current Parliament.

Answered by
Helen Whately Portrait
Helen Whately
Shadow Secretary of State for Work and Pensions
This question was answered on 3rd November 2021

The estimates on government Research & Development spending and tax reliefs as a proportion of GDP for each year from 2018 are as follows:

%, GDP

2018

2019/20

2020/21

2021/22

2022/23

2023/24

2024/25

R&D Spending

0.4

0.6

0.6

0.6

0.6

0.7

0.7

R&D Tax Reliefs

0.2

0.3

0.4

0.4

0.4

0.4

0.4

Notes:

Rounded to 1 decimal place

Government Research & Development (R&D) spending and tax reliefs have been calculated using the Frascati definition, with estimates for R&D funded by government. OECD averages do not account for contributions to EU science programmes, UK figures reported consistent with OECD calculations. Source for definition. Gross domestic expenditure on research and development, UK: 2019

Sources:

OBR's Economic and fiscal outlook – 27 October 2021

OECD R&D tax expenditure and direct government funding of BERD: Indirect government support through R&D tax relief as a percentage of GDP (2018)

OECD Main Science and Technology Indicators: Percentage of GERD performed by the Government Sector (2018)

Gross domestic expenditure on research and development, UK: 2019, Published BEIS R&D allocations UKRI budget allocations (2021/22)

Autumn Budget and Spending Review (2021)

HMRC Tax Relief estimates 2018-19 and 2019-20

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