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Tax Insights
  • 12
  • Jun
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…

  • 12
  • Jun
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…

  • 12
  • Jun
‘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…

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