Petition · past parliament · HM Treasury

Require HMRC to pay Research and Development tax credits within 40 days.

Closed 365 signatures

What the petition asks

Make it a statutory duty for HMRC to meet their own deadlines in recognition of the hardship caused by the delay in payment of R&D Tax Credits.
R&D Tax Credits are vital for a high-growth economy and to encourage innovation. They are used by start-ups and scale-ups to ensure cash flow and are a fair way to promote innovation. Innovation in the UK will be stymied if the HMRC delays payments.

Timeline

10 Oct 2022 Petition opened for signatures
10 Apr 2023 Closed to new signatures

Key facts

Signatures 365
Status Closed
Department HM Treasury
Opened 10 Oct 2022
Closed 10 Apr 2023

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Source: the official petition page. Last checked 15 Jul 2026.