Innovative Partners UK

The Innovative Partners team are experts in supporting UK companies with Innovation Funding. The team can help you identify eligible activities for tax incentives and grants.

Contact us for a free consultation on how we could assist you!

As more and more companies are receiving R&D Tax Relief, we are discovering that a vast majority of businesses miss out, large proportions of eligible expenses.

This may be due to lack of industry specific knowledge, so they don't think it counts, they are worried to over claim or they haven't tracked their activities throughout the year, to understand a true reflection of the time and money investment made.

If you are interested in a free consultation to see if you are missing out in eligible expenses or would like to check you are fully compliant with HMRC, contact our team today.

Is your business looking for funding? If so we can help.

Whether you're a start up or a mature business, we can discuss a variety of funding solutions that are available to you.

Contact our team today to learn more!

Clean technology, in short cleantech, is any process, product, or service that reduces negative environmental impacts through significant energy efficiency improvements, the sustainable use of resources, or environmental protection activities.

Some examples of industries playing their part are

SUSTAINABLE SMART HOMES
SMART CITIES
ENERGY
CIRCULAR ECONOMY
BUILDING TECHNOLOGY
LOW CARBON VEHICLES

If this is you then you need to give me a call.

As the worlds [population continues to live longer we need to think about how we are going to care for all these extra people on the planet

This includes research into

1. Cellular and molecular mechanisms of aging: Research on the identification of the biological mechanisms of aging; on the identification of the regulatory target genes related to aging and their mechanisms of action; on regenerative therapy using stem cells; and on the regulatory mechanisms of aging.

2. Anti-aging medicine and substances: Research on the diagnosis and treatment of infectious diseases by using advanced technology; on the development of anti-aging drugs (e.g., natural drugs, chemical synthetic drugs, biologic drugs, etc.); and on the development of high-value-added and functional food/drug materials derived from natural products.

3. Clinical-based research on aging-related diseases, medical services, and policies: Clinical research on the prevention, control, and treatment of aging-related diseases; on the rehabilitation of older adults; on aging-related public health; and on medical services for older adults.

4. Aging-related impairment of the brain and cognition: Basic, intermediary, clinical, and commercialization research on aging-related dementia, cognitive impairment, and neurodegenerative and mental health diseases.

5. Smart care for older adults: Research on the development of technology to improve the activities of daily living in older adults; and on the development of smart care platforms—using advanced technologies (e.g., robots, medical aids, artificial intelligence, and virtual reality (VR)/ augmented reality (AR))—for older adults.

6. Aging of the immune system: Research on the identification of the regulatory mechanisms of aging-related immune system decline; and on the enhancement of the immune defense system of older adults.

Innovative Partners UK on LinkedIn: #researchanddevelopment #innovation #finance As the worlds [population continues to live longer we need to think about how we are going to care for all these extra people on the planet This includes...

Research and Development (R&D) reliefs support companies that work on innovative projects in science and technology. It can be claimed by a range of companies that seek to research or develop an advance in their field. It can even be claimed on unsuccessful projects.

You may be able to claim Corporation Tax relief if your project meets HMRCs definition of R&D.

This article really demonstrates how technology is moving so quickly in the Built Environment.
https://www.bimplus.co.uk/strabag-and-peri-build-europes-largest-3d-printed-office/

Contact us today and learn more.
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Did you know that the Government is keen to reward companies that are innovating?

This article from sums it up nicely, and it is a little bit encouraging but still has a way to go to claim everything they are entitled to I'm here to help

UK construction companies increase R&D spend by £70m

UK construction companies are increasing their investment in innovation, with research and development (R&D) expenditure rising by £70m, according to figures released by HMRC

Analysis by IronmongeryDirect, has revealed that in the first part of 2018/19, construction firms spent £1.36 billion on qualifying projects. This is already 5.4% more than the whole of 2017/18 (£1.29 billion).

The government’s R&D Tax Credit Scheme, means companies can claim back up to 33p for every pound spent on R&D activity. This includes any project that aims to advance the industry by researching or developing a new process, product or service, or improving an existing one

For such work completed during 2018/19, construction companies have already claimed £235 million of Corporation Tax relief

More companies in the sector are starting to take advantage of the scheme, as the latest data shows.

So far, construction businesses have made 3,340 claims for R&D funding, which is a year-on-year increase of 1.8% (60). The industry now represents 5.7% of all R&D claims in the UK.

The majority of the projects are classed as ‘specialised construction activities’. These account for 66% of the sector’s claims, way ahead of ‘construction of buildings’ 21%

However, the most valuable construction R&D claims are those labelled as . Across the whole industry, the average claim was worth £70,359 – almost 5% higher (£3,286) than the year before (£67,073)
The typical amount of tax relief awarded to Civil engineering is £129,412.

The totals also vary significantly across the UK. The most innovative area is London, with more claims made in the capital than any other part of the nation (455).

But it is where construction represents the greatest percentage of a region’s total R&D claims. More than one in ten (11%) of the country’s qualifying projects fall within the industry.

Despite only making the fourth highest number of claims, construction firms in the are investing the most money in innovation. Its businesses have already registered £145 million of R&D spend for 2018/19 – more than any other area.
The regions which have made the most and least claims for construction R&D funding for 2018/19, so far, are:
1) – 455 claims (£55m)
2) East – 425 (£85m)
3) – 400 (£5m)
4) North West – 375 (£145m)
5) – 295 (£10m)
6) – 255 (£85m)
7) – 250 (£10m)
8) Midlands – 215 (£10m)
9) Northern Ireland – 180 (

Where do I put my order in? This is the kind of thing we are funding.

Innovative Partners UK on LinkedIn: The Next Normal – The future of air mobility: Electric aircraft and Where do I put my order in? This is the kind of thing we are funding. https://lnkd.in/egghV4HB...

This article really demonstrates how technology is moving so quickly in the Built Environment. Every day I am blown away by the creativity.

Innovative Partners UK on LinkedIn: Strabag and Peri build Europe's largest 3D-printed office - BIM+ This article really demonstrates how technology is moving so quickly in the Built Environment. Every day I am blown away by the creativity. ...

https://www.climateaction.org/news/co2-emissions-from-the-building-sector-a-reckoning-is-fast-approaching?vgo_ee=QK0sbM6nF1cUHYkD4D4lrW7Fa83uyl1flxUTFgguXJI%3D

CO2 emissions from the building sector: A reckoning is (fast) approaching - Climate Action CO2 emissions from the building sector: A reckoning is (fast) approaching After more than a decade of blaming the EU Emissions Trading System for its ineffectiveness due to carbon prices far too low to impose any effect, we recently witnessed an unprecedented rally to more than 40 € per ton. Over ...