Entries by walmergroupnew

Non Stop Change: A Breakdown of R&D Tax Legislation Development

Following yesterday’s budget announcement, the National Insurance contribution cut from 12% to 10% seems to have claimed the spotlight amongst a plethora of other measures. In this article, we will look specifically at the impacts that the last 12 months (including yesterday’s announcement) of legislative changes have had and will have moving forward for innovative […]

R&D Tax Enquiries – A Glimmer of Hope

Our client, an internationally accoladed innovator, at the forefront of AR/VR technology, received the dreaded, templated “we’re coming for you” letter in the post, signed by none other than the now well-known ‘R&D Tax Credits Compliance Team’. We had 110% confidence in the validity of this claim and welcomed the check with open arms. However, […]

9 Biggest Mistakes Companies Make When Claiming R&D Tax Relief

One of the most rewarding parts of our job at Walmer Group is helping innovative organisations in navigating the ‘minefield’ that is public (government), and private funding. For those that are new to the scheme, the R&D Tax incentive rewards companies for undertaking research and development activities, by incurring challenges when making advancements in their … …

AI – What are we learning in 2021? Trend and Numbers.

The size of the artificial intelligence market in the UK is expected to grow at an annual growth rate of + 36% between 2019 and 2025 As it was certainly pushed by the limitations of a forced pandemic that accelerated digital transformation around the world. The CB insight Report “Artificial intelligence in number 2021” and … …

Everything you must know about Innovation Funds in the UK.

Did you know that between 2020 and 2021, UKRI has funded £3.1 billion in Grants, of which £885 million was funded through Innovate UK – for companies conducting Research and Innovation? Funds are currently available for organizations that wish to tackle key challenges in their respective fields (Science, Engineering & Software) to devise viable and … …

R&D Tax Relief Budget Summary – November 2021

Last month, the budget saw several future changes for the current UK R&D tax relief schemes. Any company that is currently claiming or intending to claim should consider the upcoming changes as they could have a significant impact on whether you are eligible and/or the amounts you would receive. Hosting and Cloud Computing The … …