Research: Tax Allowances

(asked on 2nd December 2021) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to his Departments R&D Tax Reliefs report published in November 2021, how much and what proportion of the £47.5 billion of research and development expenditure that UK companies claimed tax relief on was for activities taking place outside of the UK.


Answered by
Lucy Frazer Portrait
Lucy Frazer
Secretary of State for Culture, Media and Sport
This question was answered on 8th December 2021

HMRC previously produced an estimate of £4 billion to £7 billion for overseas expenditure in the year ending March 2018 out of £36.8 billion of the total Research and Development expenditure used to claim tax credits.

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