Read the latest news and stay updated on industry insights!
-
made.simplr outlines how R&D tax credits can be made easier with technology in latest webinar
Accountants from across the UK have taken part in an informative webinar hosted by made.simplr that outlines how technology can be used to make R&D tax credits easier. During the presentation, hosted by the made.simplr team, accountants got to learn more about made.simplr’s cloud-based software as a service (Saas) solution, which can automate much of…
-
SMES to prioritise technology investment in next five years
A new study from HSBC UK has revealed that SMEs intend to prioritise investment in technology and innovation during the next five years. The research showed that 67 per cent of UK SMEs expect technology to increase flexible working practices, including the use of new cloud-based platforms. With many firms having to adjust to remote…
-
Regional R&D projects to receive £400 million in Government and industry funding
The Government has awarded £400 million in Research and Development (R&D) funding to regional research and innovation projects in the UK. The funding forms part of the Government’s long-term aim to invest 2.4 per cent of UK GDP in research and innovation, with R&D funding forming a significant part of the strategy. Businesses and universities…
-
Reform to R&D tax credit expenditure rules is long overdue, says made.simplr
HM Revenue & Customs (HMRC) recently released new consultation documents that seek to expand the allowable expenditure for R&D tax credits to cover cloud accounting and data costs. Responding to the release of the documents, the R&D tax specialists at cloud accounting platform Made.Simplr have said changes to the scope of expenditure are long overdue…
-
UK tech innovators receive funding boost to create new 5G technology projects
Projects across the UK have been given funding to test the revolutionary high-speed connectivity available via 5G technologies. The new projects will receive a share of £30 million through 5G Create – an open competition to develop innovations that support UK industry, as part of the wider £200 million 5G Testbeds and Trials programme. The…
-
Millions in R&D tax relief unclaimed by agriculture companies – could your clients be missing out?
Official figures from HM Revenue & Customs (HMRC) suggest that agriculture companies in the UK are missing out on millions of pounds worth of Research & Development (R&D) tax credits every year. The data has revealed that the UK agriculture sector made up less than 0.5 per cent of UK R&D tax credit claims and…