HMRC have put plans in place to help deter the abuse of the scheme and in turn preserve the reputation of the relief.

An analysis of the key finding from the 2019 HMRC R&D tax credit statistics report.

The financial uplift and expertise from an equity investor may be the boost your company needs to prosper but gaining that support may be tough.

Nearly 40% of Welsh farms have some sort of diversified enterprise and together these activities contribute £31m or 19 per cent to total farm incomes.

It certainly seems to be the case that we are now firmly in the early stages of an exponential growth of technology

There is an increased push towards automation and digitalisation. Many manufacturing firms are pursuing R+D projects, and reaping the benefits

Wales has the fastest growing digital economy outside of London, and the growth of the financial and professional sector in Wales has led to a thriving Fintech industry.

Starting a business is not easy. Taking the plunge to set out on your own takes courage, commitment, and a reasonable amount of self-confidence.

The importance of innovation has been a constant and familiar message from policymakers and business leaders for many years. But what is innovation and what role does research and development (R&D) have in it?