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  • North-south divide in R&D tax credit claims needs addressing, according to made.simplr

    Businesses in the North of England and Midlands are still far less likely to make an R&D tax credit claim compared to their peers in the South of England, according to HMRC data. R&D tax specialists Made.Simplr believe that this issue needs addressing to ensure the UK enjoys a swifter and more equal economic recovery.…

  • made.simplr calls on businesses to advance year-end to take full advantage of R&D tax credits

    Leading R&D tax specialists made.simplr is calling on businesses to accelerate their year-end to help gain immediate access to R&D tax credits to combat cash flow issues. The business, which has developed an innovative, cloud-based R&D tax credit claim system, says that there are potentially millions of pounds of funding out there for firms via…

  • Cybersecurity collaborative studies awarded R&D investments 

    Led by UK Research and Innovation (UKR&I), the Digital Security by Design (DSbD) challenge welcomed two new funding awards which will help with their objective of preventing hackers from remotely gaining command over online data and digital systems. For example, these systems include autonomous cars and smart home security systems. The Hut Group’s consortium’s funding …

  • Do tax reliefs really help to boost R&D?

    Economists at the Organisation for Economic Cooperation and Development (OECD) have released a new report that assesses how effective tax breaks are at increasing research and development (R&D) activities. The new study has found that for every euro that Belgium or Portugal offer in corporate R&D tax breaks, each nation gets more than €3 back…

  • R&D tax credit claims up by nearly a fifth

    The latest R&D tax credit data from HM Revenue & Customs (HMRC) shows that the use of the tax relief increased by 17 per cent between 2016-17 and 2017-18. In total, during the 2017-18 tax year (the latest complete data set available) the amount of support received by businesses via the R&D tax credit scheme…

  • The growing importance of technology in business resilience

    The last few months have seen businesses across the UK invest heavily in technology and innovation as they attempt to grapple with the challenges created during the Coronavirus crisis. A sudden move to home working for many has meant that lots of workers have had to rely on technology to get the job done. Nowhere…