Search results for: R&D

Reaping the benefits of nanotechnology in the oil & gas industry

Inspired by the creative thinking of physicist Richard Feynman in 1959, nanotechnology is now recognised as having important applications in many industries – including oil and gas. Organisations in this sector should be aware of its potential impact and the opportunities it c...

Cyber security - a crucial part of your firm's foundation

On 13 January 2018, the revised Payment Services Directive (PSD2) and open banking launched. But what does it mean? For the consumer it provides them with choice, choice to share their data in a way that allows them to take advantage of the newly regulated payment initiatio...

UK Autumn Budget preserves stable tax regime for shipping

The stability of tax rules is of vital importance to the UK shipping sector, therefore it is encouraging that the UK government continued to provide a stable regime in its Autumn Budget 2017. The Budget includes some specific further assistance for the offshore sector, with...

Corporate tax rates & VAT limits

The new corporate tax rates are now upon us and the Government is committed to continue to have the lowest corporate tax rate of the G20 major trading nations. As already announced the corporation tax rate reduces to 19% from1 April 2017 and then to 17% from 1 April 2020. ...

1,800 UK hotel companies are at risk of going bust

The advantages of the fall in the value of sterling post-Brexit may not be able to overcome the other strong headwinds the sector faces, resulting in 1,800 UK hotel companies having at least a 30% chance of going insolvent within the next three years. While a weaker pound m...

Don't miss out on Tax Relief on R&D

The government is concerned that many small companies are missing out on generous R&D tax credits.  For the last year HMRC have been offering companies an advance assurance scheme to check whether or not their activities qualify before they make a claim. So far over 200 applic...