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
Other than the introduction of the cap on payable R&D Tax Credits, which was known about and in the draft Finance Bill, the budget brought no major changes for the
On 17th November 2020, Scaleup Review 2020 was launched by the Scaleup Institute at a virtual event. The Scaleup Review which looks at data, trends and support for UK scaleups,
Tribunal decisions often give a useful insight into R&D claims. The latest has just been published and the full detail can be found here: The tribunal decision runs to fifty