R&D Tax Relief

/R&D Tax Relief

EVRYTHNG introduces the ages of smart products

By |November 14th, 2017|Tags: , , , , , , |

In the digitally connected world that we live in today everything around us comes to life in some way and this is exactly how the concept of EVRYTHNG came about. In 2012 a platform which connects any physical object to the internet was established by a bunch of young entrepreneurs. The company’s mission was to [...]

Innovative London company is enabling businesses to utilise their opportunities

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

Looking for an innovative solution that will reduce your risk in doing business? Need a tool that will provide your company with a more in-depth understanding of private companies, the people that run them and the market in which they operate? DueDil, short for due diligence, is your one stop shop helping businesses to find opportunities and [...]

Open Bionics is revolutionising the prosthetic industry

By |November 10th, 2017|Tags: , , , , , , , |

In the UK approximately 1 in every 1,000 people have lost a limb through an accident, illness or military action. Samantha Payne and Joel Gibbard are the co-founders of Open Bionics and the pair identified a serious gap for affordable, comfortable and well-functioning prosthetics in the market. Currently if you lose your hand, there are [...]

Farmdrop could make supermarkets a thing of the past

By |November 9th, 2017|Tags: , , , , , , |

The UK has a new way to shop for farm fresh local food and it is all online! Yes you heard right, thanks to the innovative company Farmdrop, it is now possible to source fresh vegetables, fruit, meat and other produce from local farmers all with the click of a few buttons. Farmdrop currently delivers [...]

Always Canny, Never Nasty!

By |November 9th, 2017|Tags: , , , , , , , |

Liam Watson, your everyday Newcastle bloke had a vision to create a Milkshake which not only tasted great but also had great ingredients. So Watson went on to combine his love for Milkshakes with his ‘canny’ personality and created something that had never been done before – a milkshake created from 100% natural ingredients. Growing [...]

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 [...]

Eligible staff costs in your R&D claim?

By |September 4th, 2017|Tags: , , , , , , |

Companies who followed HMRC's guidance on staff costs may have claimed less R&D tax relief than they were entitled to. In the past few years, HMRC has issued some conflicting guidance on what you can include as an eligible staff cost in your R&D claim. In October 2014, HMRC issued a note which narrowed the [...]

Many firms may be missing out on R&D funding

By |August 24th, 2017|Tags: , , , , |

The latest figures from HMRC shows that only 0.3% of SMEs claimed R&D Tax Relief in 2016. That's 17,135 out of the 5.4 million SMEs based in the UK, up from 15,955 the previous year. These firms could be missing out on hundreds of thousands of pounds that they are entitled to claim which they [...]

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 [...]