Read time: 3 minutes Rishi Sunak’s 2022 spring statement promised to reform the UK's R&D tax credits to be more generous to businesses. Which sounds like great news for small and medium sized enterprises (SMEs). But how does the government plan on doing this and how will it benefit your business ? Changes in R&D tax [...]
The Sustainable Aquaculture Innovation Centre (SAIC) has called for proposals for projects focused on improving Scotland’s aquaculture sector. The SAIC aims to transform Scottish aquaculture by unlocking sustainable growth through innovation excellence. SAIC will provide as much as 50% of the overall project costs. With this in mind, they are searching for projects which will [...]
Citizen science projects are being funded in the UK, with 6 projects set to tackle issues on food safety. The Food Safety Agency (FSA) and UK Research and innovation (UKRI) have awarded £200,000 to each of the projects which should last between six and nine months. This research will incorporate citizen science, where the public [...]
Datactics, a Belfast-based fintech company, has recently announced their intentions to invest £2.3 million into their company with support in the amount of £347,601 from Invest Northern Ireland. This investment will be directed towards the creation of 18 jobs, skill development, and primarily R&D activities. Their R&D focuses are on expanding and optimizing their data [...]
A report from the Office for National Statistics has shown the successful increase in R&D within the construction industry. In fact, R&D activity in the industry grew by nearly a third in the last year. Office for National Statistics figures showed £586m was spent by UK construction businesses on innovation in 2020 – up from [...]
Thanks to reports from the Office for National Statistics (ONS), we have seen a massive increase in spending on research and development in the Welsh private sector. In fact, the stats show this sector has grown at nearly double the rate for the UK as a whole. This massive growth rate still has its share [...]
Scotland has made some big moves in their work towards developing a low carbon network. They have just begun building the country’s first ‘fifth generation’ heating network at their manufacturing innovation district in Renfrewshire. The first pipes of the renewable energy network were lowered into position at the Advanced Manufacturing District Scotland (AMIDS) site. Once [...]
Kilwaughter Minerals Ltd. has announced their new growth, increasing their R&D team by 50%. This growth comes after rapidly increasing demand for Kilwaughter products. This growth comes as part of a long term strategic investment in innovation totaling £3.4 million. Kilwaughter is a quarry and mineral processor whose work focuses on specific industries including construction, [...]
The UK Government has talked about their Innovation Strategy for the past few months, with many calling into question the specific actions that will be taken. In late July, the Government announced their plans to boost innovation in the Welsh Media Industry. Media.cymru is set to receive £22.2 million in funding to expand the Cardiff [...]
Growing Kent & Medway have announced the plans to award R&D grants totalling £3 million. This funding will be dispersed across companies whose projects support inclusive economic growth and environmentally sustainable practices and innovations. Growing Kent & Medway is a world-class research, innovation, and enterprise cluster that supports growth in technology-driven horticulture, fresh produce packaging, [...]
Daniel McGregor2022-08-11I have been using Swanson Reed for my clients for more than a decade. Having a specialist firm that can provide practical and commercial advice that produces real outcomes is very important and we have received great feedback from our clients. Highly recommended.
Anatole Kononewsky2022-06-02The Swanson Reed team have provided our company with exceptional professional advice and assistance for all of our R&D claims for many years - have always achieved great results with excellent value for their services.
Melissa Doddy2022-05-31The Team at Swanson Reed are very experienced R&D Tax Advisors and gave us ongoing support with all of our R&D Claims, the consultants ensured we were always working with current legislative guidelines, gave us assistance with compiling technical and government documentation and went out their way to ensure they were with us for the entire process from beginning to end. Highly recommended to anyone who needs assistance with working through what can at times be a daunting process.
Alana Owers2022-05-30We have been dealing with Damian and Swanson Reed for several years in relation to processing our R&D claims. Always find them easy to deal with and helpful with all concerns and queries we have. We would highly recommend Swanson Reed for your R&D help.
Mexx Engineering2022-05-27We are a client of Swanson Reed since 2010. Damian and his team are very professional and extremely organised. At all times, our R&D applications were handled with care. They have reviewed each application extensively and made sure that we are supported every step of the way. We highly recommended their services.
Sarah Heath2022-05-27Damian and the team at Swanson Reed have been one of the most efficient professional organisations I have dealt with - their response time is commendable. Their specialist knowledge of R&D is extremely extensive but yet practical and importantly, they are approachable and considerate to the client's needs.
David Reisner2022-05-26We engaged with Damian and Angel at Swanson Reed on the recommendation of a related party. For the past four years they have helped my company navigate the process of research and development incentives offered by the Federal Government. This has been the single most important relationship we have had in financially supporting our journey as a start up. I can't recommend this organisation highly enough.
Sarah Hay2022-05-26Damian, Angel and the team have held our hand through the application of numerous R&D claims. They have consistently guided us through the collation of required information, ensuring compliance and simplifying the daunting task. Swanson Reed’s involvement has been vital to our successful applications!
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