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'Free money': £4bn lost to fraud and error on flagship HMRC 'innovation' scheme

By The Guardian   |   Aug 3, 2024 at 06:08 AM EST
'Free money': £4bn lost to fraud and error on flagship HMRC 'innovation' scheme

The UK's research and development tax credits scheme has faced over £4bn in fraud and error since 2020, with dubious claims like a window cleaner's bucket innovation and a pub's menu change. The abuse led to calls for stricter vetting and penalties for fraudulent claims.

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