Sustainable energy is arguably the most pressing issue for the longevity of our planet. As such, many companies have identified the opportunities in this field and the benefits of providing green energy to consumers. With increased consumer interest in sustainable energy – and forecasts predicting up to half of the UK’s electricity will come from…
Most industries are governed by legislative and regulatory bodies, and professional associations. These bodies range from the Health and Safety Executive (HSE), the Engineering Council, British Standards Institute (BSi) and the European Union (EU) Standards bodies including CEN, CENELEC, and ETSI. On the surface, regulatory standards may appear tedious to some. However, dig a little…
You may already know this, but the Agri-Food industry is one of the most research and development (R&D) intensive sectors in the UK and Ireland. This is being driven by consumer and media preferences towards healthier diets and more sustainable living, and has resulted in an unprecedented level of activity and innovation in the industry.…
The Government announced today that it is pledging £750m of targeted support to who it describes are “the most R&D intensive small and medium size firms.” It comprises the following support: £175,000 of support will be offered to around 1,200 firms not currently in receipt of Innovate UK funding. This may well have the widest appeal…
HMRC are faced with unprecedented demand at the current time. They play a critical function in helping companies access cash that is available from R&D tax credit claims. I am giving you an update in terms of the processing of R&D tax credit claims by HMRC from direct communication we have recently had with their R&D…
These are unprecedented times in our recent history and there is significant uncertainty for most businesses. Cash generation is going to become critical over the coming weeks and months. One cash-generating option that companies need to consider is R&D tax credits. This is a lucrative tax incentive that can generate significant cash sums. Given the…
In today’s Budget, Chancellor Rishi Sunak announced an increase in R&D tax credits along with ambitious plans to increase public R&D investment to £22 billion per year by 2024-25. This investment would take direct support for R&D to 0.8% of GDP and place the UK among the top quarter of OECD nations – ahead of…
For many in the world of concrete, the process of trying something new can be daunting. Like an artist setting out to paint, innovators in this sector do not know if they will create a masterpiece or a failure. Thankfully however, many keen entrepreneurs forge forward regardless, believing for the best and enjoying the development…
