UK tax credits to promote research and development were claimed by a pub for changing its menus and by window cleaners for hanging their buckets
A government scheme to champion new research and boost the economy has cost more than £4bn in fraud and error since 2020 after widespread abuse.
The research and development tax credits scheme was designed to help drive world-leading innovation, but turned into what has been described by experts as a “wild west” with huge volumes of dubious claims.
About Author
More Stories
Microsoft unveils chip it says could bring quantum computing within years
Ex-US security officials urge funding for science research to keep up with China
Virologist Wendy Barclay: ‘Wild avian viruses are mixing up their genetics all the time. It’s like viral sex on steroids’