Aug 6, 2021 | R&D, R&D Tax Credits
As companies grow, the services they use also need to grow with them. The same is true for R&D tax credits. We often find that the companies looking to change providers do so because they’ve outgrown their current providers. In most cases, that will be their...
Jul 21, 2021 | Government Funding, R&D
The government has announced the launch of Future Fund: Breakthrough, their new £375 million scheme. Read our brief guide to learn more about the fund and how you can apply. What is Future Fund: Breakthrough? First announced in Rishi Sunak’s March Budget 2021,...
Jul 29, 2021 | R&D, R&D Tax Credits
Many businesses have heard of the R&D tax credit scheme. It’s a lucrative government tax incentive, which can credit your business up to 33% of your R&D costs. Whilst there is an awareness of the scheme, some common misconceptions stop businesses from...
Jun 21, 2021 | HMRC, R&D, R&D Tax Credits
Using the latest HMRC R&D statistics alongside data from the EmpowerRD claiming platform, we look at the claiming landscape for venture backed businesses in the UK.
Apr 14, 2021 | R&D, R&D Tax Credits
What is R&D? Research and development is an activity that seeks to create new knowledge. Within a business context, R&D will aim to create a new product, process or service; or improve an existing one. In fact, that forms part of HMRC’s definition of R&D. ...
Nov 24, 2020 | R&D, R&D Tax Credits
The government recently released reports detailing the benefits of the RDEC and SME schemes to the broader UK economy. The reports were independently generated and were part of the government’s commitment to auditing its state-aid policies. In all, they...
