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 [...]
According to updated government statistics, there has been a 52% rise in the number of R&D tax credit claims paid to businesses in in the East Midlands. That’s a whopping £145m collective total invested in the region during the last tax year. What are R&D tax credits? R&D tax credits are a generous Corporation Tax [...]
The Horizon 2020 programme of EU Business Innovation Funding comes to an end in 2020. It will have put £77bn into a vast array of European R&D projects. The next step is Horizon Europe, a seven year, £100bn investment programme in Europe’s scientific R&D. Will the UK be able to join in after leaving the [...]
R&D tax credits are a government initiative to support innovation in UK business. Since it started, HMRC produce annual figures showing how much in R&D tax relief is paid and breaking this down by industry sector, region and other monitoring factors. For the year 2016-17, Wales received £70m in R&D tax credits, compared to only [...]
