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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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What is RDEC: A Comprehensive Guide to Research and Development Expenditure Credit
In the dynamic landscape of business innovation, understanding government incentives is pivotal. One such incentive in the UK that plays a crucial role in fostering research and development is the Research and Development Expenditure Credit (RDEC). In this detailed exploration, we unravel the intricacies of RDEC, providing a comprehensive understanding of its significance, eligibility criteria,…
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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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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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Industrial Energy Transformation Fund (IETF) Phase 2: Autumn 2022
The world is shifting toward a more renewable future. See how IETF funding can support your high-energy use business.
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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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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.