https://www.gov.uk/government/publications/spring-statement-2022-documents Chancellor Rishi Sunak delivered his spring statement today. This was relatively quiet on changes to the R&D schemes. The detail from the published spring statement is above. In terms
Introduction Some articles have been written prior to the Chancellors Spring statement (23rd March 2022) suggesting that the Government is looking to change or cut the SME R&D scheme. Sunak
Developing more clean energy is clearly essential to improving our environment, so some young UK companies have been awarded Innovate UK grant funding to support their clean energy research and
The Chancellor’s Autumn Budget Statement 2021 slipped the deadline for £22 billion of investment in Research and Development by 2024/25, to £22 billion by 2026-27. But the flip side is
The following changes were announced. “2.41 Alongside this, the government is reforming R&D tax reliefs to support modern researchmethods by expanding qualifying expenditure to include data and cloud costs, to
Key headlines. The estimated total number of R&D tax credit claims for the year ending March 2020 is 85,900, an increase of 16% from the previous year. The increase is primarily driven
“It has long been an axiom of mine that the little things are infinitely the most important.” ― Sir Arthur Conan Doyle, The Memoirs of Sherlock Holmes The latest government Innovation Strategy
On 20th July 2021 the government opened a new £375 million scheme to drive investment in innovative firms of the future. The funding was first announced in the Budget Statement
In March 2021 the government announced that “A new plan to make the UK a global centre for the development, commercialisation and adoption of responsible AI will be published this