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A common question with a complex answer. When claiming R&D Tax Relief, your business must be performing eligible R&D activity – but what is R&D for tax purposes and what is eligible R&D activity?

R&D Tax Credits
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Future Flight Challenge (FFC) is a 4-year, £125 million Industrial Strategy Challenge Fund (ISCF) programme; its funding is delivered by Innovate UK. Phase II of the Future Flight competition opened 11th May 2020 and has £30 million in funding available.

Grant Funding
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Launched on 20th May 2020, the Future Fund scheme is open for applications for innovative businesses to access the £250 million of support, made available by the UK Government.

Grant Funding
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On Friday 15th May 2020, Innovate UK released full details about their Continuity Grants and Loans - the COVID-19 support for Innovate UK's Existing Grant Recipients.

Grant Funding
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Managing Director, Matt Symonds, and Director, Sam Stephens, have cleared their diaries for 1 day to book one-to-one consultations, to discuss R&D funding opportunities for your business!

Company News
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On 23rd April 2020, we watched an online broadcast from Barclays which served as an update and Q&A regarding the new billion-pound initiative from the UK Government to support innovative businesses. Ian Campbell, Executive Chair at Innovate UK, was on the broadcast and delivered some useful insights into the upcoming £750m Grants and Loans support package that will be delivered by Innovate UK.

Grant Funding
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In order to support clients during these uncertain times we have collated some of the initiatives currently available to businesses - updated 20th April 2020.

Company News
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You’ve applied for grant funding; you’ve had a response from the funding body and been unsuccessful; what’s next? It’s time to consider your resubmission. Our expert Bid Writers have put together their 5 top tips for resubmitting your funding application to help you with the process.

Grant Funding
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Article written by Smith Cooper. Smith Cooper are thrilled to share that they have joined forces with TBAT Innovation. The collaboration will see a new R&D online portal launched.

R&D Tax Credits
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The R&D Tax Credits available from HMRC could prove an invaluable cash boost to those companies that are eligible to claim. Read more for how HMRC are responding to the COVID-19 pandemic in relation to R&D Tax Credit claims.

R&D Tax Credits
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Assists organisations in accessing research and development grant funding across a range of UK and EU schemes and industry sectors.

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