The real Sir James Dyson question: What has Singapore got that the UK hasn’t?
Posted on Wednesday 30 January 2019
Sir James Dyson’s decision to move his corporate HQ from the UK to Singapore has unleashed a storm of Brexit-related comment. Sir James, one of the UK’s
most successful inventors, is a prominent Brexit supporter, and he has been widely criticised as hypocritical on social media and in the MSM.
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GovGrant calls for more R&D investment after latest EU stats rank UK at 11, well behind EU competitors
Posted on Friday 11 January 2019
Commenting on the latest R&D figures from Eurostat [Estimates of Research & Development expenditure – 10 January], where the UK ranked
11th among EU member states for R&D expenditure in 2017, Luke Hamm, chief executive of innovation tax credits specialist GovGrant,
said:
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Employment Law and Innovation Funding - upcoming Cambridge event
Posted on Thursday 10 January 2019
Business financing - cash flow and employees are key assets in every organisation and while the full impact of Brexit on business remains to be seen, business
owners should take every opportunity to reinforce these critical areas now and for the future.
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GovGrant urges boost for productivity and innovation in the October Budget
Posted on Tuesday 23 October 2018
GovGrant, the innovation and R&D tax specialist,
has urged the Chancellor to use the tax system to boost the UK’s army of inventors and innovators in the Budget on 29 October. ..
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Innovation statistics: the government could do better says GovGrant
Posted on Monday 01 October 2018
The Chancellor has announced that Budget day 2018, one of the busiest news days in the financial calendar, will be earlier than expected, on 29 October.
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GovGrant welcomes new government initiative to help small businesses
Posted on Monday 10 September 2018
Luke Hamm, chief executive of innovation tax specialist GovGrant, has welcomed the government’s
announcement that it is to introduce new laws to protect small businesses against unfair contracts that stop them raising money from unpaid invoices.
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GovGrant featured in The Business Magazine
Posted on Wednesday 05 September 2018
Entrepreneurial businesses can capitalise on their innovations by taking advantage of government incentives. R&D tax relief adviser GovGrant’s chief executive officer Luke Hamm tells Tim Wickham why more UK companies should consider claiming the relief and protecting their intellectual
property. ..
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Why SMEs are not accessing R&D tax credits
Posted on Tuesday 14 August 2018
The Federation of Small Business (FSB) innovation survey stands out like a sore thumb. There are a huge number of SMEs not accessing or not even being
aware of government support for their research and development (R&D).
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GovGrant calls for UK’s innovative businesses to take up Government R&D support
Posted on Thursday 09 August 2018
GovGrant, the leading innovation tax relief specialist,
has welcomed what the government has described as the ‘biggest increase in public R&D (research and development) funding for over 40 years.'
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Most small businesses are innovating
Posted on Wednesday 08 August 2018
Results from this year’s Federation of Small Business (FSB) innovation survey make for interesting reading.
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Breakfast with your local innovation partner
Posted on Tuesday 10 July 2018
Come and join us for a free breakfast seminar on Tuesday 24th July 2018, in the heart of St Albans.
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Whose idea was it anyway?
Posted on Tuesday 26 June 2018
Anyone old enough to remember the BBC comedy series Harry Enfield and Chums may recall the wonderful public information film pastiche sketches which always
ended with the phrase ‘Women, know your limits’.
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Shine a light on hidden innovation
Posted on Wednesday 20 June 2018
Hidden innovation needs to be brought out from the shadows and into the spotlight.
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If you’re selling a business, take time to understand your buyer
Posted on Tuesday 05 June 2018
When you first begin to think about selling your business take some time to consider what your potential buyers will be looking for and what will make
your company stand out from similar businesses for sale. After all, when you do sell you will want to achieve the best possible price so taking time
to prepare and increase exit value will bring substantial rewards in terms of exit value.
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Industry 4.0 A flashy catchphrase or the next industrial revolution?
Posted on Wednesday 16 May 2018
The term "Industry 4.0" originates from a project in the high-tech strategy of the German government promoting the computerisation of manufacturing and
adopted globally as a name for the current trend of automation and data exchange in manufacturing technologies. It includes cyber-physical systems,
the Internet of Things, cloud computing and cognitive computing. Industry 4.0 introduces what has been called the “smart factory,” in which cyber-physical
systems monitor the physical processes of the factory and make decentralised decisions.
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Can the government help fund your manufacturing business?
Posted on Tuesday 15 May 2018
It is certainly in the best interest of the UK to bolster the manufacturing capabilities of UK companies, especially during turbulent times when international
trading relationships are in a state of flux. Some people might be surprised to learn that the government is doing something to address the situation.
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Dealing with a HMRC enquiry and building a robust claim
Posted on Tuesday 08 May 2018
Innovation keeps the UK at the forefront of today’s ever-changing world and one step ahead of global competition. But it is a costly business and the Government
recognises that through its Research and Development (R&D) Tax Credits scheme.
This rewards business innovation by allowing additional corporation tax relief and/or cash refunds on qualifying expenditure incurred on innovation
and R&D activities.
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Lessons to be learned from TSB meltdown
Posted on Tuesday 01 May 2018
“We apologise for any inconvenience you might be experiencing. If you wish to make a complaint, please contact us. We’ll do our best to put things right.”
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There's a revolution going on way out west
Posted on Tuesday 24 April 2018
It may be best known for cider and clotted cream, but there is a revolution going on in the South West of the UK with hi-tech companies springing up at
a rate of knots.
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R&D tax relief: what, when and how
Posted on Tuesday 03 April 2018
If you have a company that does a lot of research and development, you will want to look into the R&D tax claims you can make. In some cases, you can get reimbursement for up to 33% of your development costs.
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R&D tax relief: is it worth the effort?
Posted on Tuesday 27 March 2018
Getting a tax credit for making your business better and more efficient, or for bringing a new product to light, is a great thing. It can help you recoup
costs that you had for the research and development projects you undertook.
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R&D spending, European trailblazers and Brexit implications
Posted on Thursday 22 March 2018
The new official bulletin on R&D spending statistics makes for fascinating reading from a business point of view. Produced annually by the Office for
National Statistics (ONS), figures in the Gross domestic expenditure on Research and Development, UK: 2016 are
the latest available. ..
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What can make claiming a R&D tax credit complicated?
Posted on Tuesday 13 March 2018
When assessing research and development projects, knowing which ones qualify for R&D tax credits can help you plan your strategy and budget. When spending money on these types of projects, it is important to understand how these credits are calculated,
and what it could potentially mean for your business. Companies can currently claim up to 33% of their expenditures through R&D tax claims. ..
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Helping businesses access grant funding is a piece of cake for Richard
Posted on Tuesday 06 March 2018
Richard Thompson has spent the largest part of his professional life offering help, support, and advice to small businesses.
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What to expect from GovGrant
Posted on Tuesday 27 February 2018
Are you the owner of a small or medium-sized enterprise (SME) in the UK and think that you could be entitled to research and development tax credits? By working with GovGrant you can eliminate the costly guesswork involved in making R&D tax claims by yourself.
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Industrial Internet of Things: Now is the time to be bold
Posted on Tuesday 20 February 2018
The statistics are truly mind-blowing and should act as a wake-up call to small and medium-sized enterprises (SMEs) across the UK. According to figures
from The Centre for Economics and Business Research, the Industrial Internet of Things (IIoT) is likely to add an incredible £322 billion to the country’s
economy over the next two years and create thousands of jobs in the process.
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Here’s hoping that Georgie will shine the spotlight on R&D
Posted on Friday 16 February 2018
If I was being completely honest I am really not sure how I would react if a member of my team told me they were going to take a few weeks off from work
so they could appear on a reality TV show. My immediate concern would be about how the actions of the person involved might affect the reputation of
our business.
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What are the steps in completing an R&D tax credit?
Posted on Tuesday 06 February 2018
If you are a business owner or manager with a company presence in the UK, you may be eligible for research and development (R&D) tax credits. At
GovGrant, our consultants focus on helping you to maximise your R&D tax credit claim no matter the size of your business or your principal products and services. We will help you to follow these simple steps to make sure that
you are getting the most from your claim. ..
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Getting rid of scheme would be patently wrong
Posted on Tuesday 23 January 2018
A long awaited report into tax credit relief was pretty much guaranteed to make waves because of its forthright views. The Institute for Public Policy
Research did not hold back when it released its findings into the extra revenue that firms can access for carrying out research and development.
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Government needs to make sure that the support goes where it is needed the most
Posted on Tuesday 16 January 2018
Everyone knows that running your own business is one of the toughest challenges out there in the professional world. It takes a mixture of guts, determination
and self-belief to make a success of a small enterprise and the UK’s army of entrepreneurs need all the help and support they can get. ..
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Government gets it right on Innovation
Posted on Friday 24 November 2017
Philip Hammond made it abundantly clear in his Budget that innovation and creativity are the driving forces behind the UK’s economy. ..
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