R&D Tax Credits Blog
December 2018
Would you get R&D Tax Credits for developing a crime fighting glitter bomb?
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 [...]
UK Police trialing facial recognition technology on Christmas shoppers
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 [...]
R&D Tax Credits and £20m extra for the creative industries
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 [...]
Could R&D help turn abandoned coal mines into underground farms?
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. [...]
November 2018
Video Assisted Referees joining the Premier League next season
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. [...]
2018 R&D Statistics: Things are even better than we thought
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 [...]
Cap on R&D Tax Credits in the 2018 Budget
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 [...]
Our general Budget round-up
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 [...]
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 [...]