HC Deb 30 January 2004 vol 417 cc566-7W
Mrs. Gillan

To ask the Chancellor of the Exchequer how many businesses notified the Inland Revenue of their intention to claim tax credits in future financial years when trading at a profit as a result of trading losses, in the most recent year for which figures are available; and what the total sum of tax credits so notified was. [152184]

Ruth Kelly

Loss making small companies can in certain circumstances choose to either claim payable credits under the research and development tax credit scheme or instead claim enhanced tax relief in future accounting periods.

Information on the number of such companies that have chosen to claim the enhanced tax relief and the amount of this relief is not available.