Published date: 20 June 2022

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 26 May 2022, 11pm

Contract summary

Industry

  • Social research services - 79315000

Location of contract

United Kingdom

Value of contract

£170,000

Procurement reference

CW40054

Published date

20 June 2022

Closing date

26 May 2022

Closing time

11pm

Contract start date

27 May 2022

Contract end date

26 May 2023

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

Yes

Contract is suitable for VCSEs?

No

Description

This is a KAI Social Research contract intended to be let through Research Marketplace.
A copy of the full business case can be provided if required.
Capital Allowances (CA) are high-cost reliefs, forgoing around £18bn a year. The Chancellor (CX) requires insight on how well the policy meets HMT and HMRC priorities and objectives ahead of Autumn Budget 2022. There are a number of evidence gaps around CAs which commissioned research is necessary to fill.

Specifically there are gaps on disposals, eligible non-claimants, current claimants not claiming their maximum eligible amounts (under-claimants), behavioural responses, regional splits, specific assest class information, CA that isn't eligible for the super-deduction, and the coverage of CAs. The information required on these topics is not available in existing research or data and so necessary qualitative and quantitative research is required. There will be a review of the available internal data to ensure that no work is being duplicated.

This research will have a direct impact on the evidence used to inform CX's decisions on Capital Allowances ahead of Autumn Budget 2022 by answering specific and critical questions that we are currently unable to answer with existing research or data. The research will enable us to gain a better understanding of how CAs are used and how they influence decision making. Without this quantitative and qualitative research, there will be a wide range of areas across CAs which policy makers will be unable to make informed decisions on. Key decisions in relation to disposals, non-claimants and regional investment cannot be made without the information from this research:
- Wrong advice being provided to HMT/CX in respect of potential CA policy changes;
- Policies being significantly more costly than anticipated;
- Dampening business investment, which has been a historical weakness for the UK and goes directly against what CAs aim to achieve.
Therefore, this research is vital to the upcoming changes to CAs

More information

Attachments

Award information

Awarded date

26 May 2022

Contract start date

27 May 2022

Contract end date

26 May 2023

Total value of contract

£170,000

This contract was awarded to 1 supplier.

I.F.F RESEARCH LIMITED

Address

5th Floor,St. Magnus House, 3 Lower Thames Street
LONDON
EC3R 6HD
GB

Reference

Companies House number: 00849983

Supplier is SME?

No

Supplier is VCSE?

No

About the buyer

Contact name

Ammar Ghani

Address

Floor 1 Trinity Bridge House
2 Dearmans Place
Salford
M3 4BS
England

Email

Ammar.Ghani@hmrc.gov.uk