All posts with the topic: R&D

Universities will often set up spin-out companies to commercialise the intellectual property generated by their academic research projects.  Spin-out companies are particularly common in the life sciences and technology sectors.  University academics and researchers who have assisted with the development of the intellectual property will frequently receive shares in the spin-out company as a reward … Continue reading Spinning-out entrepreneurs’ relief

A lot of mixed messages in today’s Budget for the games industry. The proposal to significantly improve EIS and VCT reliefs, in particular, by increasing the annual investment limit to £10 million from £2 million (albeit with effect from 6 April 2012) should assist games companies in obtaining development finance.  EIS relief becomes much more interesting at this level.  We … Continue reading A mixed bag for games companies

The announcement that the SME scheme rate of R&D relief will increase to 200% from 1 April 2011 and 225% from 1 April 2012 will be welcomed by the technology and life science industries who incur significant research and development expenditure.  It should also ensure that the UK becomes a more attractive jurisidiction in which to undertake … Continue reading A further boost for high tech Britain with improved R&D tax relief

Qualifying expenditure on research and development benefits from enhanced tax relief, an additional 75% is available for “SMEs”. For accounting periods ending on or after 9 December 2009 the intellectual property ownership requirement is abolished. All good stuff. Except that this press release is simply a reissue from 9 December. The new note supersedes the … Continue reading R&D deja vu

The Chancellor announced today that it will consult with businesses in autumn 2010 to review the taxation of intellectual property, the support research & development (R&D) tax credits provide for innovation and the proposals of the Dyson review. HM Treasury have confirmed that the “Patent Box”, the  previously announced Labour tax initiative introducing a 10% corporation tax … Continue reading Taxation of innovation – patent box, R&D and more…

After weeks of speculation, the Government has broken its silence on the topical issue of video games and decided to axe the relief announced by their predecessors.   At a time when the UK needs to stimulate business in the UK this is very disappointing news.  We are surprised that a relief aimed at keeping this growing and innovative industry in the UK was described as “poorly … Continue reading Video Games Tax Relief gets axed