GovGrant’s Charlie Whitehead blogs on a fascinating day with the entrepreneurs of Manchester
Posted on Thursday 13 June 2019
Last month I attended Connected Investing held in Manchester University’s Bright Building. The Connected Investing event series is delivered through a partnership between UKBAA (UK Business Angels Association), the trade body for early-stage investing, and Innovate UK, part of the government-funded UK Research and Innovation.
GovGrant urges action on innovation tax credit fraud but to keep the claim process simple
Posted on Friday 07 June 2019
GovGrant CEO Luke Hamm has welcomed HMRC’s (HM Revenue & Customs) decision to crack down on abuse of the R&D tax relief system. GovGrant, which is a member of the
HMRC Research and Development Consultative Committee, helps businesses claim millions each year for their innovation, including patents and inventions. ..Read more
GovGrant CEO Luke Hamm explores what lessons China’s industrial strategy can offer the UK
Posted on Friday 31 May 2019
Luke Hamm is CEO of GovGrant, a specialist adviser helping companies take advantage of generous government tax incentives
for innovation. ..Read more
Medtech and biopharma can drive the UK growth agenda and more support should be given
Posted on Friday 03 May 2019
The UK’s biopharma and medtech sector is a world class sector with potential for stellar growth, according to Luke Hamm, CEO of GovGrant,
which helps companies in the sector obtain commercialise their innovations, including R&D tax credits.
GovGrant appoints Bartholdi to spearhead sales and marketing
Posted on Wednesday 27 March 2019
GovGrant, the innovation tax credits specialist, has
appointed Dominic Bartholdi as head of sales.
GovGrant posts record quarterly trading and says no evidence of Brexit ‘meltdown in SME innovation’
Posted on Thursday 07 March 2019
- Strong sales uplift following significant increase in claims volumes
- Brexit having no impact on SME investment in innovation
- CEO calls for regulation to remove cowboy claims farmers from the sector
- Partnerships with accounting firms a key growth opportunity
GovGrant signs up with Insurtech UK
Posted on Wednesday 06 March 2019
Innovation tax specialist GovGrant is delighted to confirm today that it has been accepted as the research and development/intellectual
property partner of Insurtech UK.
Honda closure must bring about government re-think for innovation, says GovGrant CEO
Posted on Tuesday 05 March 2019
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.
GovGrant urges Chancellor not to go ‘down under’ for innovation and R&D tax policy ideas
Posted on Monday 18 February 2019
Australian government proposals to restrict tax incentives for R&D and innovation have been delayed following an outcry from business and research
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.
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,
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.
Accountants urged to champion innovation tax credits
Posted on Tuesday 08 January 2019
Preliminary GovGrant research finds a potential 50% service gap in for UK businesses.
GovGrant featured in Envirotec Magazine
Posted on Wednesday 19 December 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 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 hands top business award to Ultima
Posted on Friday 30 November 2018
Luke Hamm, CEO of GovGrant was on hand to give the 2018 Thames Valley Business Magazine award for best use of technology and innovation to Reading-based
Ultima Business Solutions Ltd.
GovGrant CFO Steve Phillips reflects on the 2018 Budget and its impact on innovation and R&D
Posted on Friday 09 November 2018
As is usual, politics took centre stage following the 2018 Budget. Labour was under scrutiny after the Shadow Chancellor, John McDonnell, indicated that,
unlike his boss, he would not oppose the government’s personal tax changes. In the Times, leading economist David Smith noted that while the budget
‘must be judged as a political success,’ the level of public debt continues to be a cause for concern.
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
GovGrant joins influential All Party Group for Design and Innovation
Posted on Tuesday 16 October 2018
GovGrant, the innovation tax incentive specialist, has joined
the All Party Design and Innovation Group (APDIG),
a parliamentary body made up of MPs and Peers that champions innovation inside and outside Parliament.
Latest Govt stats highlight how SMEs are critical to the health of the nation.
Posted on Monday 15 October 2018
Business powers our economy, even if Boris Johnson colourfully disagrees, and the Chancellor has a chance to underscore the government’s support for business
– especially small business - in his Budget at the end of October.
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
GovGrant featured in GTMA Aerospace Executive briefing
Posted on Thursday 30 August 2018
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
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
Innovation the key for better business
Posted on Tuesday 21 August 2018
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. ..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.
How AI is changing all our lives – even for accountants
Posted on Tuesday 31 July 2018
The march of artificial intelligence is seemingly unstoppable. An AI-world is viewed with alarm or excitement depending, I suspect on whether the Terminator
movies increase your pulse rate or send you to sleep.
Recognising and valuing your intellectual property
Posted on Tuesday 24 July 2018
From that light bulb moment through to go live - understanding how you maximise the value of your innovation is key.
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.
Who ya gonna call?
Posted on Tuesday 03 July 2018
We are working more closely than ever with accountants to help businesses secure the grants which are so vital to encourage continued innovation which
not only helps them to an edge over competitors but also keeps the wheels of industry turning. ..Read more
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.
6 Degrees of Innovation
Posted on Tuesday 22 May 2018
It is often said that you are only ever 6 steps away from anyone- in a world that small where information is now distributed in fractions of a second,
the same must be said for Innovation. It begs the question that if innovation is readily available - what does it look like?
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.
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.” Read more
New boss at innovation specialist GovGrant
Posted on Thursday 26 April 2018
The company responsible for securing millions of pounds in Research and Development (R&D) tax credits for small or medium sized businesses (SMEs) has
appointed a new chief executive officer.
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.
GovGrant in Europe’s top 100
Posted on Tuesday 17 April 2018
Business innovation funding and tax relief specialist GovGrant has been shortlisted for a prestigious global award.
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
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