HM Revenue and Customs (HMRC) and the Office for National Statistics (ONS) have been working together to understand the differences between two data sources of expenditure on research and development (R&D). This joint article helps to interpret the two sources and understand the purposes and limitations of each.
Comparison of ONS business enterprise research and development statistics with HMRC research and development tax credit statistics
Guidance to help users interpret two data sources of expenditure on research and development and understand the differences between them. Outlines the impact of interim methodological improvements to how the ONS BERD statistics are compiled.