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FI Group’s Digital R&D Tax Platform
By now businesses across the UK should be well informed of HMRC’s push to make all tax across the board digital. This digital reshuffle to the tax system has been introduced to minimise tax gaps, which between 2020 and 2021 accounted for £32 billion (5.1%) of ‘total theoretical tax liabilities.’ So, what does this mean…
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How drones are changing the business world.
Drone innovation and how UAVs are changing the business world. Can your drone business claim R&D tax credits?
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AR: The world between realms
Augmented Reality technology is revolutionising the world. Undertaking an AR project? You could be eligible for R&D tax credits.
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Metaverse and Web 3.0
What do they really mean and how will they work together? Web3.0 Within the Metaverse and the Web 3.0, we found that Web 2.0 drove us into an era pressuring us to hand over our individual information and freedoms in favour of the value of the services that a handful of companies provide us. Over…
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The innovation ecosystem
Firstly, the ‘innovation ecosystem’ collectively referrers to innovative ideas to efficiently generate, develop, test and ultimately scale for development impact. They also require the coordinated, collaborative action and resources of the actors noted above. The innovation ecosystem within the UK consists of a set of supportive institutions that work to boost innovation. These institutions include the legal and…
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The seven technology families
Innovation UK The fourth pillar from the UK’s Innovation Strategy focuses on mission-oriented policies that direct innovation to tackle complex technology families and societal challenges. The UK needs to discover and concentrate on technologies with market potential and strategic interests to tackle these challenges. The UK has conducted a process called horizon scanning, which examines information to…
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Innovate UK Plan for Action for UK Business Innovation
Late last week Kwasi Kwarteng announced the launch of the Innovate UK Plan for Actions for UK Business Innovation. This exciting announcement is a great measure of intent that the UK government has a clear and driven plan to push the UK to become a global hub for innovation my 2035. The government have stated:…
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Innovation hub in the UK
Gijs van Wulfen, LinkedIn influencer and the author of the FORTH Innovation Methodology defined innovation as a feasible relevant offering such as a product, service, process, or experience with a viable business model perceiving it as new and adopting it by customers. In 2021, innovation is important for individuals, companies, and countries to improve their…
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Innovative Insurance
Is R&D Reshaping the Insurance Industry? Innovative insurance companies are often known as InsurTech. InsurTech is a newly coined term in the Insurance sector. However, we are seeing a rapid rise in InsurTech start-ups across the UK, transforming the way we do insurance. With a focus on technology and innovation, there is a massive potential…
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6 innovative technologies helping win the war against hackers
The war between data protectors and hackers seems to be as long and arduous as anything faced by the protagonists of movie epics like Lord of the Rings or Star Wars. As soon as the good guys counter one form of malicious intrusion, the dark side regroups and comes back with another malevolent technique. Can…