To ask the Chancellor of the Exchequer what the value was of research and development (R and D) tax credits paid to (a) small and medium sized enterprises and (b) larger companies in each year since the R and D tax credit was introduced. (176962)

Estimates of the annual cost of R&D tax credits are published as National Statistics on the HM Revenue and Customs website at:

http://www.hmrc.gov.uk/stats/corporate_tax/randdtcmenu.htm.