research and development

Navigating Innovation: Unmasking the R&D Tapestry in the UK Skincare Industry
Illustration of cartoon people in various chemistry activities. The accompanying text reads: Navigating Innovation: Unmasking the R&D Tapestry in the Skincare Industry"

Navigating Innovation: Unmasking the R&D Tapestry in the UK Skincare Industry

In the realm where aesthetics intersects with wellness, the skincare industry thrives on an ever-evolving tapestry of innovation. This article delves into the intricate world of research and development (R&D) activities that shape the dynamic landscape of the UK's skincare sector. Our focus is on uncovering the R&D's pivotal role in sculpting the industry's growth…

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1091 613 Grantica
Navigating Innovation: Unveiling R&D Tax Credits’ Impact in the UK Oil and Gas Industry
Text reads Navigating Innovation: Unveiling R&D tax credits' impact in uk oil and gas industry. There is an illustration of various scenes from the oil and gas industry, including oil drills, off shore rigs, and a petrol station with vehicles

Navigating Innovation: Unveiling R&D Tax Credits’ Impact in the UK Oil and Gas Industry

In the dynamic realm of oil and gas (O&G), technological advancements drive a perpetual cycle of evolution. This article delves into how research and development (R&D) activities shape the landscape of the UK's oil and gas industry, highlighting the pivotal role of R&D, funding avenues, and the significant relief provided by tax credits. The spotlight…

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2560 1440 Grantica
From Concept to Compost: Addressing the Challenges of Biodegradable Plastics
biodegradable plastics logo on the base of a plastic item with soil rubbed off to expose the logo

From Concept to Compost: Addressing the Challenges of Biodegradable Plastics

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 ‘Consumer…

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1024 768 Grantica
Bioplastics: A 200-year-old solution to a very modern problem

Bioplastics: A 200-year-old solution to a very modern problem

Plastic 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…

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680 454 Grantica
The Top Trends in Beauty Reveal R&D is More Crucial Than Ever

The Top Trends in Beauty Reveal R&D is More Crucial Than Ever

The 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.…

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700 409 Grantica
Navigating R&D Tax Credits: Guidance for Accountants

Navigating R&D Tax Credits: Guidance for Accountants

In 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…

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600 333 Grantica
Shaping a Sustainable Future: R&D and Innovation in Plastics
A picture of blue plastic bottle caps arranged on a flat surface

Shaping a Sustainable Future: R&D and Innovation in Plastics

The 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. HMRC’s criteria for eligible R&D projects, which define R&D as “systematic, investigative, or experimental activities carried out in the field of science or…

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700 466 Grantica
Navigating Changes to HMRC R&D Tax Credits: Guide for Accountants
A business team works together around a boardroom table to compile the documentation and proofs required for an HMRC R&D Tax Credits claim

Navigating Changes to HMRC R&D Tax Credits: Guide for Accountants

If 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…

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700 428 Grantica
R&D Tax Credits Claims: What Documentation Do You Need?
Documenting R n D tax credits claims

R&D Tax Credits Claims: What Documentation Do You Need?

Many 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.

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1000 523 Grantica
What is classed as R&D for tax purposes? (Guide for businesses)
A group of employees discuss a research and development project in a factory setting

What is classed as R&D for tax purposes? (Guide for businesses)

Innovation is vital for businesses to grow and succeed in today's rapidly developing global market. R&D is a crucial part of innovation, and the UK government has put aside

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2560 1440 Grantica
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