Chancellor Rishi Sunak has announced new R&D changes in his Autumn Budget speech, such as extending the R&D Tax Relief Scheme to include data costs and cloud computing as qualifying expenditures, with the aim to “support modern research methods” in overcoming scientific and technological uncertainties. Ensuring that the tax relief is targeted and strengthened will […]
Profound investment in ground-breaking technology such as AI and 5G are predicted to break through into the Technology markets in 2022. R&D investment by organizations will define and shape our modern society, to help businesses reconnect with partners and consumers in the future. It has been suggested by Gartner, that by 2023, 75% of organizations […]
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The new “Brexit Britain” is aiming to become a scientific superpower, with P.M Boris Johnson hoping to pioneer advances in biosciences, artificial intelligence and battery and wind power technology. He has stated “This is an amazing moment for this country” and that “We have our freedom in our hands and it is up to us […]
There is a lot of mystery surrounding the Research and Development Tax Credits scheme, which has derived from a lot of misleading information circulating online. When it comes to the scheme, businesses can claim on a wide range of projects in almost EVERY sector, rewarding businesses with over 30% of their costs. We have compiled […]
Research and Development Tax Credits have many benefits. It can be a great way to add some extra cash to existing businesses in return for innovative practice, the claim itself can actually be claimed up to 2 years after the end of the accounting period that it relates to, meaning that many businesses are owed […]
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“A budget is telling your money where to go instead of wondering where it went.” – Dave Ramsey Creating an R&D budget can be a lengthy and complex process that can often require involvement from numerous organizations and departments, and not to mention the endless approvals from supervisors and the individuals above them. The practice […]
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What is Peer to Peer Lending? Peer to Peer Lending is a form of lending whereby a person or company can get funding without involving third parties such as banks. It is an exchange between two companies/people rather than a bank/building society. What is the process as a borrower? The process firstly requires you to […]
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