Budget 2024: HMRC's approach to Research and Development tax reliefs 2023 to 2024

Approach to Research and Development tax reliefs 2023 to 2024

This document sets out the shape and scale of the error and fraud in Research and Development tax relief schemes, and HMRC's compliance approach to 2023 to 2024.

It expands on information published in HMRC's annual report and accounts 2023 to 2024, includes new data on customer experience and an overview of the policy and operational measures taken to reduce error and fraud.