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News and Insights

A one-stop shop for the latest legislation-related updates

Here you’ll find the latest updates on what’s happening in the world of innovative tax incentives, including changes in the underlying legislation, up-to-date statistics from HMRC and opportunities for acquiring funding.

Webinar: Funding and exploiting your company’s innovation and IP rights
Events
Webinar: Funding and exploiting your company’s innovation and IP rights
Date:  Tuesday 29th June 2021 Time:  10:00am – 11:00am (London) It is estimated that, for a majority of cases, more than 50% of an SME’s value resides in their
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Spring Budget 2021
HMRC & General Statistics, News and Insights
Spring Budget 2021
The Chancellor of the Exchequer, Rishi Sunak unveiled the contents of the 2021 Budget on Wednesday 3rd March, with its primary aim to set out the Government’s tax and spending
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HMRC R&D Tax Credit Statistics 2020
HMRC & General Statistics
HMRC R&D Tax Credit Statistics 2020
R&D Tax Credits form a key part of Government strategy to boost innovation and is a highly rewarding scheme which allows UK companies to reduce their Corporation Tax liability
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HMRC Patent Box Statistics 2020 – Innovation Tax
HMRC & General Statistics
HMRC Patent Box Statistics 2020 – Innovation Tax
Patent Box aims to create a competitive tax environment for companies to develop and exploit patents, supporting business investment and growth to retain the best technologies and inventions in
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HMRC Capital Allowance Statistics 2020
HMRC & General Statistics
HMRC Capital Allowance Statistics 2020
Capital Allowances is the main form of tax relief for expenditure incurred on tangible fixed asset investments and enables companies and individuals to offset these costs against the taxable
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Is your business eligible for R&D Tax Credits?
News and Insights, R&D Tax Credits
Is your business eligible for R&D Tax Credits?
Check out our latest article on page six of the BBP Media Midlands edition, highlighting the importance of businesses assessing their eligibility to claim R&D Tax Credits.
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Which Food & Beverage activities qualify for R&D Tax Credits?
R&D Tax Credits
Which Food & Beverage activities qualify for R&D Tax Credits?
The Food & Beverage industry is the UK’s largest manufacturing sector (larger than Automotive and Aerospace combined), contributing £31.1bn to the annual economy and employing over 450,000 people. Furthermore,
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Which Construction activities qualify for R&D Tax Credits?
R&D Tax Credits
Which Construction activities qualify for R&D Tax Credits?
With over 325,000 registered firms operating within the sector, the construction industry generates around £120bn, or 6% of GDP, to the UK economy according to House of Commons Briefing
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Which software development activities qualify for R&D Tax Credits?
R&D Tax Credits
Which software development activities qualify for R&D Tax Credits?
Software technology is advancing at an ever-increasing rate as the need for people, businesses and – ultimately – data to be connected to each other becomes more imperative, a
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How do R&D Tax Credits impact the Engineering sector?
R&D Tax Credits
How do R&D Tax Credits impact the Engineering sector?
  The UK engineering sector is awash with innovative activity, with companies constantly investing in ground-breaking methodologies to overcome a wide range of challenges to develop new concepts, as
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How can R&D Tax Credits help the Agricultural sector?
R&D Tax Credits
How can R&D Tax Credits help the Agricultural sector?
  The agricultural and horticultural sectors are continuously evolving, with many companies striving to increase efficiency, reduce wastage and improve new and existing products. This has resulted in many
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2020 Budget analysis
Innovation Funding
2020 Budget analysis
As expected, much of the budget focused on measures to contain and reduce the number of people affected by Coronavirus (Covid-19). This has led the Government to quickly allocate
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