TBAT is a leading consultancy with over 20 years’ experience working with technology/research and development organisations all over the UK; helping them to innovate. We believe that our funding services are crucial to helping companies enable their R&D projects. Some Innovate UK funding competitions have a success rate of under...
What defines guidelines for R&D tax purposes?
Within R&D tax credit frameworks, there exist varying degrees of guidance, each with distinct purposes. Firstly, there’s the ‘Meaning of Research & Development for Tax Purposes: guidelines’ which goes beyond mere suggestions. It’s the legal foundation embedded in Section 1006 of the Income Tax Act 2007. These guidelines constitute the backbone...
The Impact of the Additional Information Form on R&D Tax Relief Claims 4 Months In
Unveiling the Unseen: The Impact of the Additional Information Form on R&D Tax Relief Claims 4 Months In In the dynamic landscape of R&D tax relief schemes, a pivotal change has quietly disrupted the routine of many R&D claim providers—the introduction of the Additional Information Form (AIF). Shockingly, over half...
Comprehensive Insights into the Combined R&D Tax Relief Schemes
Navigating the Impending Merger: Comprehensive Insights into the Combined R&D Tax Relief Schemes The recent Autumn Statement officially announced the merger of the R&D tax relief schemes, scheduled to take effect from 1st April 2024, for accounting periods starting after this date. This significant reform, following a consultation opened in January...
5 key considerations in connected device development
The value of a well-managed connected device can be significant, to both individuals and businesses. So, it is no surprise that the connected device ecosystem is not only thriving but growing exponentially. In fact, McKinsey global institute is estimating that connected (IoT) products and services will generate between $5.5 trillion...
eg technology strengthens board with new appointments
Paul Edmondson and Rouzet Agaiby will join the eg technology board of directors, who are responsible for the strategic direction of the company as well as overseeing, planning and managing the implementation of daily operations. The board is also accountable to the employee ownership trust. Paul has been with eg...
eg technology launch new eBook – Connected Devices: A guide to developing the right product
The value of a well-managed connected device can be significant, to both individuals and businesses. So, it is no surprise that the connected device ecosystem is not only thriving but growing exponentially. In fact, McKinsey Global Institute is estimating that connected (IoT) products and services will generate between $5.5 trillion...
Pioneer Group and Innovate UK join forces on programme aiming to accelerate the development of life sciences companies
Pioneer Group, a company combining laboratory development and operation with venture building, is continuing its collaboration with Innovate UK by bringing its venture development ‘Launch Programme’ to the Exploit stage of Innovate UK’s ICURe programme. The Launch Programme welcomes invited life science founders from the ICURe Programme, as well as...
New funding programme to support health innovations in the East Midlands
Health Innovation East Midlands (formerly East Midlands Academic Health Science Network) in partnership with Medilink Midlands have launched a new funding programme. The Health Innovation Fund offers support between £5k and £10k to East Midlands based SMEs or businesses working with a healthcare system partner in our region to further...
Penningtons Manches Cooper appointed as legal advisor to Advanced Research + Invention Agency (ARIA)
Penningtons Manches Cooper’s Birmingham and Oxford offices have been appointed as legal advisors to the Advanced Research + Invention Agency (ARIA), a new R&D agency built to unlock scientific and technological breakthroughs to benefit everyone. ARIA was formed in January 2023. Backed by an £800 million investment from the UK...