wales

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Wales Under Claiming R&D Tax Credits

By |October 28th, 2021|

In a new report from the HMRC, it seems Welsh firms are underclaiming R&D tax credits compared to the country’s share of UK companies. Claims for the tax year 19/20 totalled 85,900 while the 2,940 claims from Wales were just 3.4% of the total. Welsh firms make up approximately 5% of the UK total business [...]

Welsh Media Industry to Expand with.£50M in Funding

By |August 16th, 2021|

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 [...]