articles: R&D

MiFID II creates opportunities for savings for firms through R&D Tax Credits

MiFID II is nearly here and technological enhancements, as a result of MiFID II, have been a critical part of the change process and are expected to continue well into the future. Many companies have been forced into further developing and extending their software solutions and this is where there may be scope to claim back a portion of the development costs related to R&D activity.

3D printing: Innovation or disruption?

3D printing has been hailed as the single most important innovation of the next global industrial revolution. The technology works by designing layers of a three-dimensional object on a computer and ‘printing’ the model with a manufacturing machine to produce a tangible object; opening endless possibilities for its use. Our team of engineers have looked into how 3D printing may innovate or create a disruption across the manufacturing sector.

Autumn Statement 2016: real estate and construction realities

Having allocated £7.2bn to support the construction of new homes, including spending by housing associations, it was a clear message in an Autumn Statement that overall lacked detail. Housing is the Government’s priority moving forwards, receiving more funds than any other key national infrastructure, but what else did Chancellor Philip Hammond announce to support the industry?

What’s the safest seat on a plane?

Many of us will have been on a plane with our families over the summer holiday and will be now building up frequent flyer points through travel. When picking your seats you might be focused on those that give you most leg room or enable you to get on or off quickly when boarding and landing. But do you ever think about which seats maximise your survival chances in the event of a crash?

Our team of engineers and scientists have provided an interesting outlook into this subject as despite the high volume of flights every year, flying is relatively safe.

Top five R&D myths

While R&D is critical it can be costly, not only in itself but also that payback can take months, if not years. The UK has some of the most effective tax reliefs available for this type of expenditure in the form of R&D tax credits.