Tax-related scams have almost doubled in the past 12 months, HM Revenue & Customs (HMRC) has revealed. The tax authority said the coronavirus pandemic has created a perfect environment for criminals to operate in. According to the most recent figures available, HMRC received more than one million referrals from the public about “suspicious contact” in […]
By Ben Chernoff, Partner at Davis Grant The past year has seen the formation of many new tech firms in the UK – with the nation now a leader in Europe in several fields.
The Future Fund: Breakthrough scheme will help innovative technology companies grow and bring new products to market in the wake of the coronavirus pandemic, the Government has suggested. The report comes after the initiative opened to new applications last week. If your business is seeking investment, here’s what you need to know. What is the […]
By Steven Sandford, Director at Davis Grant The UK tech industry is booming, contributing more than £184 billion a year to the economy. Although the sector is often discussed as a whole, there are a number of distinctive industries within tech, which often benefit from their own grants and reliefs.
The UK tech sector has continued to grow despite the impact of Covid-19 and lockdown restrictions, a major study has revealed. The data – shared by Companies House this month – shows how the coronavirus pandemic has helped carve out a bigger slice of the economy for tech businesses. According to the figures, some 14,301 […]
On 3 March 2021, the Chancellor outlined several plans to invest in innovative UK businesses and the research and development (R&D) sector, including by reviewing the existing R&D tax credit system.
By Steven Sandford, Director at Davis Grant Since 1 January 2021, the UK tech sector has faced new challenges with regards to digital sales to much of Europe, due to the new trade arrangements with the EU that affect the way VAT is recorded and paid.
The last year has been tough for the UK economy and there remains a lot of uncertainty about the country’s position once the Brexit transition period ends, regardless of whether a deal is done or not.
Tech start-ups participating in Digital Capital’s latest Augmentor programme have gained useful advice on financial modelling and forecasts from the head of Davis Grants’ renowned Tech Specialist Team. The accountancy firm, which is based in East London, is well-regarded for its expertise and has previously been shortlisted for several awards on the strength of its […]