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Rail Industry R&D occurs at all levels, from the rail giants building trains and carriages to SMEs within the supply chain. There is also a wide range of ‘hidden’ R&D that is crucial to keeping the UK railways running and generates innovative new hardware, software and systems which are securing the future of the industry as a feasible public transport and freight service.
Innovation is a well-known buzz word. It is used to describe new ‘things’ everywhere; whether it be for technology, apps, software, an approach to business, a workplace or events. Some would accuse the word of being over-used and having lost its meaning. - What does innovation mean to you?
Research and Development in Civil Engineering can often by overlooked and seen as day-to-day business activity – but the sector is full of innovation, often making the work performed eligible for R&D Tax Credits.
Thinking of creating an R&D Funding plan? If your R&D team are not yet back to ‘business as usual’ or a ‘new normal’, we’re here to give a little inspiration for how they could spend the downtime, to positively affect your R&D funding strategy in the future.
We understand that making your first RD Tax claim can be like navigating uncharted waters. To make the process as easy as possible, here are our 5 top tips for making your first RD Tax Credit claim.
Many technology-based start-up businesses are innovative by their very nature. During the first few years of a running a start-up business, claiming R&D Tax Relief may be far from the top of your priorities. However, making a claim could return a significant amount of much-needed cash to your business.
HMRC statistics indicate that 3,375 companies in the Materials Manufacturing and Fabrications industries made R&D Tax Credit claims worth over £185m for the 2017-2018 financial year. As of 2018, there were over 42,600 companies in the materials and fabrication sector, of which, only 8% applied for R&D Tax Relief.
TBAT Innovation Ltd are proud to be part of The RAPID Challenge for 2020. Joining Founding Partner – Prodrive, TBAT are this year's Lead Partner, offering their expertise in funding innovation through UK & EU Grant Funding and R&D Tax Relief.
Register your interest with us, if you'd like our help applying for the £175k Innovation Support Grants that Innovate UK are due to offer to 'new customers', in light of the COVID-19 pandemic.
Innovate UK have paused the next round of their Smart Grants 'open' competition. Find out more in this blog post.
Assists organisations in accessing research and development grant funding across a range of UK and EU schemes and industry sectors.
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