What’s the R&D scheme about?We are often asked this question and it can be difficult to give a simple answer.First of all the R&D Tax credit scheme covers the whole of British industry though there are specialist schemes for a very few industries.The scheme is designed to encourage innovation and keep intellectual development in the Read More …

The number of companies claiming under the scheme has grown over the last few years but is still probably under 20% of those that have a valid case and most of them (64%) are situated in SE England.A very fundamental reason for this low uptake is that many companies have still not heard of the Read More …

Recently we came across a very novel and innovative chocolatier who was certainly pushing boundaries in the use of the material he loved. He was looking to develop a series of chocolate products which could withstand heat including the creation of a chocolate teapot able to withstand near boiling water.Like every valid claim he was Read More …

BANK LENDING DOWN, DEMAND FOR LOANS UP.With some of the banks’ lending less to companies, there can be another source of cash – HMRCNo, really. The Bank of England’s recent publication “Financial trends, April 2015” shows that most banks are lending less to the SME sector year on year. In another report by the Financial Read More …