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 […]
Opening a new business during a period of economic and social crisis, such as the current pandemic, may seem like a risky venture and for certain sectors this may certainly be true.
We are proud to have been selected by a panel of industry experts for “Specialist Team of the Year” at the Practice Excellence Awards 2017.
Our average claim was £70,000 last year, are you missing out on your share of £2.45 billion in tax credits?