Question to the HM Treasury:

To ask the Chancellor of the Exchequer, when he will launch the consultation on expanding the R&D tax credit to include data and cloud computing costs.

Delivering on the manifesto commitment and Spring Budget announcement, the Government published a consultation on the scope of R&D tax credit qualifying expenditures on 21 July. This consultation is open until 13 October.

The Government welcomes responses from R&D tax credit claimants and other stakeholders as it considers the case for including data and cloud computing costs as qualifying expenditures for R&D tax relief.