ADVERTISEMENT

HMRC

Losses from error and fraud in R&D tax reliefs hit 16.7%

This was ‘significantly’ higher than the previous estimate of 3.6% (£336m) 

ADVERTISEMENT

HMRC’s Annual Report and Accounts for 2022-23 has revealed that the overall level of error and fraud in R&D tax reliefs for 2020-21 was 16.7% (£1.13bn), “significantly” higher than the previous estimate of 3.6% (£336m). 

Show More
Back to top button