Ken Skates, the Economy Minister, has called on the Government to increase their investment into other regions across the UK to help them reach their full potential through a fair share of Research and Development (R&D) and innovation funding. On Wednesday 7 October 2020, the Minister called for this change during a speech at a…

More than 9.6 million people in the UK have been furloughed using the Coronavirus Job Retention Scheme (CJRS) – many of these at companies that rely on R&D tax credits to power their innovation. A substantial part of any R&D tax claim is likely to be the staffing costs for directors or employees directly and…

A “shared vision” of the United States of America and the United Kingdom of Great Britain and Northern Ireland, for driving technological breakthroughs in artificial intelligence (AI) has been published on 25 September 2020.

In times of crisis, where cash flow is constrained, businesses will be keen to find new ways of bringing funding into their company. Unfortunately, with many traditional lenders restricting borrowing and the Government reducing the amount of financial support, business leaders may not know where to turn next. R&D tax credits offer a fantastic opportunity…

Judges at this year’s Cloud Excellence Awards have selected innovative cloud accounting solution made.simplr for the Best Cloud Finance Solution shortlist. Developed by the R&D specialists behind Kapitalise, which has helped businesses to access more than £30 million of R&D tax credits, Made.Simplr helps businesses and accountancy firms automate the process of applying for R&D…

Leading business groups have urged the Government to introduce digital tools tax relief to support small and medium-sized enterprises (SMEs). Experts including the Institute of Directors (IoD) and Be the Business have stated that the coronavirus pandemic has highlighted the importance for small businesses to adopt further use of digital technology and that this should…