The Regional Growth Fund’s 4th round opens today with £350 million available . The deadline for submissions is 20th March at noon with the RGF team promising quick assessment, which is a welcome change from previous rounds. The timeline for spending the funding is not extended so projects need to complete their expenditure by the end of […]
Read more »Research and Development tax credits remain an area of uncertainty for large and small businesses alike. In our experience , only around 50% of those companies eligible have investigated the opportunity and of those, around 10-20% have made a claim. This is often because they have taken an ‘accountancy approach’ when looking at pulling claims together. The amount of […]
Read more »The Technology Strategy Board offers grant funding for SME R&D projects. There are three areas of assitance available, depending on the stage of the investment: Proof of Market Grant – up to £25,000 at 60% intervention rate Proof of Concept Grant – up to £100,000 at 60% intervention rate Development of Prototype Grant – up to £250,000 with […]
Read more »The Institute of Chartered Accountants in England and Wales has followed the the National Audit Office in calling for greater training and understanding from officials when assessing Regional Growth Fund (RGF) applications. The group highlighted their frustration at the slow development of the process and has recommended a simplified application and assessment process “to avoid further delays, additional […]
Read more »The Patent Box is a boost for businesses investing in R&D and will provide a reduced [10%] corporation tax rate for companies which will be introduced progressively from April 2013. It will apply to companies exploiting patented inventions or certain other innovations and the reduced rate will apply to a proportion of the profits derived from: licensing […]
Read more »We hope you find the new Soapstone website helpful and easy to navigate. As the team and services have grown so rapidly over the last two years, we have refreshed the look and functionality of the site so it is easier to find services and meet the team. We have also included this blog and […]
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