R&D Tax Credits Blog
October 2018
AI technology used to measure levels of inebriation
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. [...]
Northern Ireland’s massive potential for claiming R&D tax credits
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 [...]
East Midlands businesses making the most of R&D tax credits
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 [...]
Will the UK be part of Horizon Europe if we are no longer members of the EU?
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 [...]
Are Welsh businesses making the most of their R&D tax credit opportunities?
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 [...]
September 2018
Are holograms soon to be a reality?
Forget facetime – would you like to send a hologram message? Yes, just as George Lucas imagined in 1977, with Princess Leia’s urgent message to Obi-wan Kenobi in Star Wars (Star Wars: Episode IV – [...]
AI tech supporting police investigations
The Serious Fraud Office (SFO) has, unusually, allowed BBC News recent access to their new weapon against crime. They are trialing Artificial Intelligence technology that can analyse a mass of electronic documents significantly quicker than [...]
August 2018
Can I get tax relief on the money I make from patents?
The short answer is, ‘yes, you can get tax relief on the money you make from patents’. It is part of the government’s drive to promote R&D across the UK’s business world. The more interesting [...]
Did you know that EU Business Innovation Funding has business support structure, as well as the money?
EU Business Innovation funding comes from a European project called Horizon 2020. The Homepage describes it best: “Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available [...]
Why are SMEs paying more Corporation Tax than larger businesses?
An imbalance exists between the effective rate of corporation tax paid by large companies and SMEs. Businesses with less than 500 employees and a maximum turnover of £25m, SMEs, are feeling the effects of this [...]