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Unrestricted visas for science and technology immigrants

As the prospect of leaving the EU becomes a reality, many of those working at the forefront of research and development projects are as concerned as other industries. But perhaps there is some reassurance in the ‘Global Talent Route’ of immigration, which was announced in January and opened on 20th February 2020. Unfortunately, the global [...]

What are the aims of the government’s new R&D Roadmap?

Despite all the other pressures, Business Secretary Alok Sharma published the government’s ‘Research and Development Roadmap’ on 1st July 2020. It aims to “drive collaboration between government, industry, research organisations and local authorities to ensure research funding is accessible, boosts productivity, improves public services, creates high-quality jobs and delivers economic and societal benefits to communities [...]

HMRC clarifies rules for R&D tax relief claims and furloughed employees

HMRC released their policy on how using the Coronavirus Job Retention Scheme (CJRS) impacts on R&D tax relief claims on 10th September 2020. In normal circumstances, you can include the staffing costs of employees working on R&D projects as ‘allowable expenditure’ in both Research and Development Expenditure Credit (RDEC) and R&D Tax Credit scheme applications. [...]

Have you had your say on changes to R&D tax credit qualifying costs?

The government are currently in the consultation period of possible changes to policy covering R&D tax credit qualifying costs. This was announced in the Spring Budget this year, as a revaluation of criteria that haven’t been considered for a decade. There’s still plenty of time to contribute, the deadline is 13th October 2020. What changes [...]

Edinburgh’s next step to becoming the data capital of Europe

Edinburgh University and Hewlett Packard Enterprise (HPE) are constructing the new Edinburgh International Data Facility (EIDF) together. It will cost £100m over a ten year period and is part of Edinburgh’s journey towards being Europe’s data hub. What’s the purpose of the Edinburgh International Data Facility? Everything about the ‘data economy’ requires constant reinvention. And [...]

New PCRT guidelines for R&D tax credit service providers

On first of June, Professional Conduct in Relation to Taxation (PCRT) professional bodies published ‘Topical Guidance covering the application of professional standards to the provision of R&D tax credit services’. This is welcomed by genuine professionals in the industry, as it provides clear answers to several key questions. There is no specific set of regulations [...]

New UV light cleaning system to protect air passengers from COVID-19

Necessity really is the mother of invention and, sometimes, the catalyst for investment. This is the story of how an orthopedic surgeon’s ‘basement’ invention is contributing to safer air travel. The Germ Falcon is a device that cleans aeroplane cabins using UV light. It was invented seven years ago, but has only drawn proper industry [...]

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