Farming plays a crucial role in our society, providing fresh produce for our plates, wool for our woolies, honey for our porridge and a multitude of other essential products to meet our demands. As with many industries, farming is being hit with numerous challenges as governments seek to create a more environmentally friendly and carbon…
As the economy starts to recover from the covid-19 pandemic, a new dawn of technological optimism is breaking (to borrow a quote from The Economist). The response to the virus has been phenomenal, with people and organisations working at speed to meet significant shortages and challenges. There have been many notable successes, including: Manufacturers pivoting…
Scientific evidence suggests that climate change is happening and that human activity is heavily contributing to it. This has been recognised for decades, and in 1992 the Rio Earth Summit adopted a global plan of action for sustainable development. Today, the need for a sustainable approach is widely accepted within the architecture and construction industries.…
Here is an analysis of the key points from the Budget that relate to R&D tax credits: Review of R&D Tax Credits The major point of interest is that a detailed review of R&D tax credits is to be undertaken by the Government. Initially there is a consultation period where businesses, advisers and other…
What makes the perfect drink? For you, it might be a long Gin and Tonic after a week’s work. Perhaps it’s a cool cider in a sunny garden, or a glass of red wine with your meal. There is also the non-alcoholic industry to consider which has enjoyed a recent surge in popularity making it…
Modern life is continually improved by products that have mobility as a key benefit. From the simple wheeled suitcase to the lightweight cordless vacuum cleaner, companies are spending valuable resources on research and development (R&D) to develop products that make our busy lives easier. Less eye-catching, but no less valuable, mobile products are also being…
We were approached recently by The Times to write an article on R&D tax credits, which we were very happy to do. It fits in nicely with our mission to raise awareness of R&D tax credits and the benefits that they provide. The article – entitled ‘Looking for a cashflow boost for your company?’ -…
It is the pet project of many veterinarians to boost the effectiveness of their practices – and investment in research and development (R&D) is a proven way to achieve this. There are many approaches to make your veterinary business more efficient and boost your ability to care for animals both large and small. Whether your…
Late last year HMRC circulated an in-depth collation of statistics analysing Research and Development (R&D) tax credit claims and Patent Box (PB) tax relief showing an upward trend in both the number and amount of R&D credits claimed. The latest R&D tax relief evaluation reports – covering the R&D tax relief for SMEs and the…
R&D Tax Credit Advisers There are now many advisers who prepare R&D tax credit claims on the market, although a lot of the work is very low in quality (we know because we have seen it!). Companies involved in a core R&D sector are being inundated with phone calls, letters and emails from advisers on…