The 2018 Budget demonstrates the government’s commitment to Research and Development (‘R&D’) funding, which it recognises as being a key driver of economic growth, but also introduces measures to crackdown on R&D tax relief fraud.

New HMRC statistics show an increase of 688% in the amount of R&D tax relief savings being claimed by West Midlands companies over the last seven years.

Newly released HMRC statistics show an increase of 714% in the amount of R&D (research and development) tax relief savings being claimed by Welsh companies over the last seven years, the second highest level of growth across the UK.

esearch and development tax relief savings claimed by Scottish companies have risen by 375 per cent over the last seven years.

New statistics show that manufacturing companies are falling behind their counterparts in the information and communication sector in making R&D tax relief claims.

This year’s HMRC statistics once again highlight the success of R&D tax credits in driving forward innovation in UK business.

Tax advice company Jumpstart has expanded its UK footprint with the opening of an office in Manchester.

HERE’S A QUESTION FOR YOU. What is it that all UK businesses, regardless of sector and location have in common? The answer – a need for funding.

A great spotlight on FutureX co-founder Bruce Walker, who, like us here at Jumpstart, is a stalwart supporter of British industry.