Innovation within the Food and Beverage Industry

Hidden R&D in Manufacturing

What manufacturers should understand about R&D It’s often easier to identify innovation with a new product, so it’s no surprise that many manufacturing companies are carrying out work that qualifies for research and development (R&D) tax credits.  In fact, the manufacturing industry is one of the sectors making the highest number of claims overall. Businesses…

Why should I use R&D specialists instead of my accountant?

Why should I use R&D specialists instead of my accountant? Prospective clients ask us this question a lot. We can understand why; accountants often tell businesses they can claim research and development (R&D) tax credits on their behalf at minimal cost. Some firms may even offer this service for free. Surely, you just have to…

Why are construction companies missing out on R&D?

As a proportion of GDP, construction is the UK’s second largest sector. Yet when it comes to claiming R&D tax credits, construction ranks second from lowest in the table. Is it really due to a lack of innovation – or are construction firms missing out? If statistics on R&D tax credits are taken at face…

R&D Tax Credits for SMEs are changing

The UK’s research and development (R&D) tax credits scheme has been a boon for innovation in science and technology. Nearly £2 billion is awarded to SMEs alone each year, encouraging investment in new processes, products and services. R&D is essential to a thriving economy and any work that seeks to resolve scientific or technological uncertainty…

‘A Year of Awakening’ for R&D in Fast Fashion

Fast fashion has changed the face of the high street and revolutionised consumers’ relationships with their wardrobes. Companies have employed innovative techniques to bring affordable styles from the catwalk to the shelves (or the web) quickly and efficiently, which has helped make fast fashion one of retail’s fastest-growing areas. The UK fashion industry as a…