Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Priti Patel Excerpts
Tuesday 5th September 2023

(1 year, 2 months ago)

Commons Chamber
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Priti Patel Portrait Priti Patel (Witham) (Con)
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Research and development tax credits are vital to help businesses grow and invest, but I have received a large number of complaints from businesses across Essex saying that they are facing complexities and delays in processing claims with HMRC. May I please ask the Minister to meet me and some of these businesses to work through the delays and ensure that these businesses can continue to thrive and grow, because they are vital to our economic growth?

Victoria Atkins Portrait Victoria Atkins
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I would be delighted to meet my right hon. Friend and those businesses. In fact, the UK is leading world economies with our focus on life sciences and on tech. In that little golden triangle between Oxford, Cambridge and London, we have more tech businesses than anywhere else on the planet other than New York and silicon valley. I hear the cheers opposite, so keen are Labour Members to support British business, but I would be delighted to meet her and to underline the support that this Government give to such important businesses.