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Three challenges revealed in this year’s HMRC statistics

Posted on Tuesday 6 October 2020 by Luke Hamm | Chief Executive Officer

Now that I have had some time to digest the recent update from HMRC in respect of the R&D tax credits and Patent Box statistics, there are three things that have stood out for me:
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Latest R&D tax credits and Patent Box statistics are out

Posted on Wednesday 30 September 2020 by Luke Hamm | Chief Executive Officer

The latest Research and Development Tax Credits and Patent Box statistics have been released today by HMRC. It’s encouraging to see a year-on-year increase in claims for R&D tax relief but once again, the growth in Patent Box is woefully behind. More businesses are using the R&D scheme, which is great. However, overall business investment in innovation has only seen a marginal increase.
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IP strategy – key to thriving in a post-covid world

Posted on Wednesday 15 July 2020 by Akshay Thaman | Intellectual Property Analyst

As non-essential business begins to reopen after months of non-trading, and those on furlough start to return to work, many companies across the UK are pressing the ‘resume’ button in an environment with greater volatility than ever before. This will pose challenges on an unprecedented scale; therefore, companies will be doing all they can to ensure that there is enough cash available to weather the storm that is to come.
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In our hour of need is the UK’s patent process a help or a hindrance?

Posted on Tuesday 5 May 2020 by Akshay Thaman | Intellectual Property Analyst

It is safe to say that the sudden emergence of Covid-19 and its impact has taken the world by surprise. It has brought economies to their knees as well as posed social challenges, but most importantly, it represents a great threat to the health and wellbeing of the most vulnerable. In these truly unprecedented times, our hopes of fighting, mitigating, and eventually, overcoming this global pandemic rest on the shoulders of innovative companies, universities and other organisations coming up with technical solutions to solve this problem, and fast.
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Honda closure must bring about government re-think for innovation, says GovGrant CEO

Posted on Tuesday 5 March 2019 by Luke Hamm | Chief Executive Officer

Honda’s decision to close its Swindon car plant by 2022 has been hijacked by the politics of Brexit. No surprise there, but the closure also blows a big hole in the government’s industrial strategy, which placed some big bets on the development and production of electric vehicles in the UK.

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GovGrant CEO says urgent reform of UK Patent Policy needed

Posted on Thursday 24 January 2019 by Luke Hamm | Chief Executive Officer

  • Hacker Young study identifies obtaining more AI patents as key to UK’s future growth
  • System for obtaining patents stacked against SMEs

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GovGrant urges boost for productivity and innovation in the October Budget

Posted on Tuesday 23 October 2018 by Luke Hamm | Chief Executive Officer

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 1 October 2018 by Luke Hamm | Chief Executive Officer

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 featured in GTMA Aerospace Executive briefing

Posted on Thursday 30 August 2018 by GovGrant

Charles Darwin said that ‘it’s not the strongest of the species that survive, nor the most intelligent, but the one that is most responsive to change.’ He was citing the animal kingdom, but (if he was still with us) he could equally be channeling the UK aerospace sector, one of the UK’s most important industries.

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Innovation the key for better business

Posted on Wednesday 22 August 2018 by Luke Hamm | Chief Executive Officer

One of the more heartening aspects of this year’s Federation of Small Business (FSB) innovation survey is that SMEs know they need to innovate, particularly in the face of competition.

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Breakfast with your local innovation partner

Posted on Tuesday 10 July 2018 by GovGrant

Come and join us for a free breakfast seminar on Tuesday 24th July 2018, in the heart of St Albans.

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