A bit of a sparkly story for the festive season at DSM this week. And, unfortunately, it is also pertinent to many people’s experience of having parcels stolen at this time of year. Whether it’s something you ordered as a gift, or a present being sent to you, lots of us are subject to opportunistic [...]
Christmas shoppers in London will be asked to participate in trials of the Met’s latest facial recognition technology. They will have a mobile unit with the surveillance software roaming around the West End, including Piccadilly Circus, Leicester Square and Soho. The officers carrying out the software testing will be in uniform, have information leaflets for [...]
The government announced details of exactly where an extra £20m investment will be spent within England’s creative industries. And their recent evaluation of the R&D Tax Credit scheme shows that companies in the Arts, Entertainment and Recreation sector receive the highest average claim amount. Excellent news. Considering that the creative industries sector is now worth [...]
This is an amazing idea on so many levels. In the most recently published government R&D tax credit statistics, the Agriculture, Forestry and Fishing Sector only claimed 0.61% of the overall R&D tax credit claims. That’s only 205 of 33,880 claims made by SME in 2016-17. The average claim in this sector is £48,780, just [...]
Only last April, Premier League Clubs voted against using Video Assisted Referees (VAR) during the current season. But after further consideration at a meeting on Thursday, clubs have decided to go ahead with its introduction. Why the change of heart about VAR? We explain how VAR works and the possible issues with its usage during [...]
In our previous blog, Cap on R&D Tax Credits in the 2018 Budget, we outlined this bit of bad news for investors in innovation. But the government has published their current R&D statistics for the 2016-17 tax year – and its good news all round. These figures are compiled using information collected on CT600 forms [...]
It was widely expected that the Chancellor might use this Budget to boost investment, ahead of leaving the EU, with some positive changes to the R&D tax relief schemes. During the Budget speech, Chancellor Philip Hammond said that their intention is to invest 2.4% of GDP into R&D by 2027. He also committed £12m specifically [...]
How does the Autumn Budget affect you? As usual, the Annual Budget speech given by Chancellor Philip Hammond contained an array of different elements. Their impact on your personal and business finances depends on your specific situation. Here’s our round up of the points that we think affect most of us living the UK. Income [...]
How do you feel about an app judging how drunk you are? Uber Taxi Company wants to use artificial intelligence to do exactly that, through their existing mobile application and have applied for the patent. Which means the research and development must be almost complete. How can an app decide if you are drunk? The [...]
In newly released government statistics, the total of Northern Ireland’s R&D tax credit claims comes to £55m in the last tax year. This is a huge sum of money, but compared to other regions of the UK, this is actually a small amount of R&D tax credits. How does Northern Ireland compare to the rest [...]
