The field of biodegradable plastics R&D has experienced rapid growth and progress. The promise these materials hold, if properly harnessed, is a significant reduction in plastic pollution, coupled with an enhancement in the sustainability of associated products and processes. But the road to achieving this sustainable future faces technological, environmental, and socio-economic challenges. Our Packaging…
read morePlastic pollution has reached alarming levels, threatening the health of the majority of life on our planet. The visible accumulation of plastic waste in oceans, waterways, and fields has garnered significant attention from scientists, media, and the public for decades. More recently, the accumulation of non-visible plastics (e.g., micro- and nano-plastics) has been recognised as…
read moreThe beauty industry has always been a hotbed of innovation, with companies constantly striving to find new ways to appeal to consumers and meet their ever-changing needs. As technology advances, research and development (R&D) is becoming more critical than ever to stay ahead of the competition and keep up with the top trends in beauty.…
read moreIn an ever-evolving business landscape, it’s crucial for accountancy firms to stay informed about government schemes, such as the UK government R&D tax credit scheme. As an accountant, you can help your clients boost their growth and development by helping them access their share of the £39.8 billion earmarked for innovation funding in the form…
read moreThe UK health and beauty market is a dynamic and rapidly evolving sector, driven by innovation and the rapid and continuous development of new products to stay ahead of trends and meet consumer demands. Product development in the UK health and beauty market involves a combination of advanced scientific practices to create innovative creams, gels,…
read moreThe UK plastics industry is undergoing significant transformation, driven by the increasing demand for sustainable and eco-friendly solutions. This demand has led to a surge in plastics R&D activities across the field. In this blog post, Grantica’s R&D experts will share key areas of UK plastics R&D and innovation, discuss the importance of R&D and…
read moreIf you are a large or medium-sized UK accounting practice, you've probably had experience submitting claims for HMRC R&D tax credits for your clients. Historically, the process was straightforward – you'd do the numbers, put them together with the supporting technical report from the client, and submit the claim. Then, you'd wait for the money…
read moreMany businesses that have not made an R&D tax claim before may be uncertain of what documentation is required to claim R&D tax credits. The portal is expected to provide a considerably smoother process for agencies and businesses alike to not only prepare and submit R&D claims but also support any HMRC enquiries or compliance…
read moreThe world of R&D tax relief can be something of a wild west, and like the wild west, it's home to many 'cowboys' – unscrupulous R&D tax consultants who see businesses as a source of easy income to be taken advantage of, rather than partners in innovation. At Grantica, we've heard plenty of horror stories…
read moreIn the government’s Autumn Statement 2022, Chancellor Jeremy Hunt announced new measures designed to lower inflation and boost the country’s balance sheet. As part of these new measures, a number of significant R&D tax relief changes were introduced. With the announcement of the Spring Budget 2023, the Chancellor has reaffirmed that these changes will go…
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