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Regulatory Innovation Office: A New Era of UK Innovation
In a significant move to accelerate the adoption of cutting-edge technologies, the UK government has launched the Regulatory Innovation Office (RIO). This new unit aims to reduce bureaucratic hurdles and speed up public access to transformative technologies, from AI in healthcare to emergency delivery drones. What is the Regulatory Innovation Office? The RIO is designed to…
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The Relationship between VC and R&D Funding in the UK
Starting any tech, software, or R&D-oriented business is always an uphill battle. Managing your time between working on your passion, sourcing investment, and deciding what the best avenue is to secure funding is a real challenge. One has to become an expert at spinning plates. Startups often go down the venture capital (VC) route as…
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The Modern Day City Shrinkers: eBikes & Their R&D
The current landscape The electric vehicle industry is growing every year and significantly, the automotive sector announced that the sale of conventional petrol and diesel cars will be banned by 2030 in the UK. This phenomenon has also introduced itself in urban mobility. Mintel reported that in 2020 eBike purchases made up 22% of overall…
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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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Funding the UK’s FinTech Boom
The UK Government has set out an Innovation Funding Roadmap that seeks to grow FinTech and double its impact on the economy.
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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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R&D Tax claims from big brands
How big brands such as Coca-Cola, Amazon and Nike have claimed R&D Tax credits.
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How to claim R&D Tax for blockchain?
If you are a blockchain software business, you could be eligible for R&D tax credits.
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What Makes A Good R&D Tech Report?
Your R&D Technical Report should describe why the project was undertaken as well as the technological and scientific challenges it looked to solve.
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R&D Tax Credits: How Many Years Back Can You Claim?
You can be eligible to claim up to 33% of research and development costs back from HMRC R&D Tax Credits, up to two years after the end of the accounting period from which the innovative project took place.