GovGrant urges Herts businesses to claim credit for innovation after government announces local industrial strategy
Posted on Monday 10 December 2018
GovGrant, the St Albans-based innovation and R&D tax
credits specialist, has welcomed government plans to develop localised industrial strategies, including for Hertfordshire, but has urged ministers
to keep their focus on supporting the strategy at a national level too.
GovGrant: Agri-Business a Key Sector for Investment and Active Policymaking
Posted on Wednesday 24 October 2018
GovGrant, the innovation and R&D tax credits specialist,
has welcomed the government’s commitment to the agri-tech sector following the outcome of a government-sponsored roundtable earlier this month, where
ministers announced a further £30m investment (on top of £90m already committed via the Industrial Strategy) to enable farmers to buy into technology.
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. ..Read more
New government tax stats boost innovative UK businesses
Posted on Thursday 27 September 2018
The government is giving more of a boost than ever before to the UK’s most innovative companies, according to the latest full-year statistics from HMRC.
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.
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. ..Read more
Not enough insurtechs in FCA Sandbox - Insurance Times feature
Posted on Friday 24 August 2018
This year saw only three insurtechs in the FCA Sandbox out of 29 firms in total.
CEO featured in Insurance Times
Posted on Wednesday 22 August 2018
The insurance industry is missing out on claiming back research and development (R&D) tax. ..Read more
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).
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.'
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.
GovGrant featured in Insurance Edge
Posted on Monday 16 July 2018
Insurtech is the buzzword in the insurance industry right now, with dozens of UK start-ups all trying out new ideas and often hungry for investment cash.
But what can they do to increase their chances of getting off the launch pad? Is there anything companies can do to get more government help? ..Read more
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.
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’.
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.
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.
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.
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.
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.
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.
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. ..Read more
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. ..Read more
We have a seat at the table
Posted on Thursday 08 March 2018
Last night, GovGrant hosted a dinner at the House of Commons with a number of MPs, industry experts and our clients to discuss
how government should support the SME community. The focus was on the question, ‘If the R&D tax credit system is driving innovation and productivity,
why is uptake still low and what should be done to give SMEs better IP protection and understanding?’ ..Read more
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.
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.
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
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. ..Read more
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.
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. ..Read more
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. ..Read more