R&D Tax Credits

/R&D Tax Credits

Ensure your business remains competitive post-Brexit!

By |September 20th, 2017|Tags: , , , , |

It is essential that SMEs start to reap the benefits of R&D post Brexit and here is why.. The news about the government’s R&D boost is a timely reminder that UK businesses are still losing out on generous R&D savings. Over the past year there has been a 20% increase to the overall HMRC R&D [...]

UK remains on an upward innovation trajectory

By |July 13th, 2017|Tags: , , , , , , , , , , |

Research conducted by Mastercard and the Fletcher School of Tufts University has recognised the UK as one of the world’s digital elite economies, according to the Digital Evolution Index 2017. This is a comprehensive study tracking the progress countries have made in developing their digital economies and integrating connectivity into the lives of billions. The [...]

Nuclear modular manufacturing facility opens in North West England

By |July 6th, 2017|

The UK’s Nuclear Advanced Manufacturing Research Centre (NAMRC) has opened a new modular manufacturing research and development centre in North West England. The new facility is located at NAMRC member company Cammell Laird’s 120-acre site in Birkenhead, opposite the city of Liverpool. The R&D centre significantly expands NAMRC’s capabilities into modular manufacturing, which involves the [...]

Research advancements providing hope for pancreatic cancer patients

By |June 21st, 2017|Tags: , , , , , , |

A new clinical trial has commenced at Peterborough City Hospital which could offer treatment for patients with advanced pancreatic cancer. In the past, patients suffering from pancreatic cancer that has spread outside the pancreas have had little options left in regards to treatment methods. However the new HALO 301 trial could change all this and [...]

Ford shrugs off any concerns over Brexit

By |June 13th, 2017|Tags: , , , , , , , , |

Ford seems to be showing no concerns over Britain exiting the EU as the company begins to kick-start plans to set up a new research and development facility in East London. The centre will be the central hub for the development of smarter transport. The chosen location in Stratford’s Olympic park is also home to BT [...]

Is your start-up missing out?

By |June 2nd, 2017|Tags: , , , , , , |

As Britain prepares to part with the EU, it is more important than ever for UK start-ups to be aware of the financial support on offer in order to maintain a competitive advantage. The Government offers competitive incentives to encourage business growth, development and to be one of the best places to start and grow [...]

£350K R&D competition – Could your project be eligible?

By |May 30th, 2017|Tags: , , , , , |

The Institution of Engineering and Technology (IET) and the High Value Manufacturing Catapult (HVMC) have launched a Horizontal Innovation program that offers SMEs access to advanced technology support. The program works by giving SMEs the chance to commercialise  their innovative product by helping to solve real life societal and industry challenges in new company sectors. [...]

R&D Tax Credit explained – How can your business benefit?

By |May 22nd, 2017|Tags: , , , , , , , , , |

The Research and Development (R&D) tax credit scheme was introduced in 2000 as a welcome benefit by the Government for many businesses. The incentive was introduced as an encouragement for UK businesses to become more globally innovative and competitive by investing into R&D towards technological advancements in products, services or processes. Unfortunately HM Revenue and Customs [...]

Autonomous driving coming to the UK

By |May 18th, 2017|Tags: , , , , , , , |

The tech company, Oxbotica, will lead an ambitious and ground-breaking 30-month programme to get fully autonomous vehicles travelling between London and Oxford. The study will work to resolve the fundamental challenges preventing the future commercial deployment of fully autonomous vehicles. The funding for the research comes from the government’s Industrial Strategy Challenge Fund, which is [...]

Innovation is changing the rail industry

By |May 12th, 2017|

A state-of-the-art innovative seating system has been developed for trains enabling operators to configure specific carriages to carry either passengers or high-value cargo as required. This is the first time ever that a passenger train can also be used as a cargo train. The fully automated adaptable carriage system requires minimal effort from operators and [...]