Research & Development (R&D) investment has fallen by over 300% in Essex since 2002, which is now hindering productivity growth of the county’s businesses. With Rishi Sunak declaring his desire to make the UK the most innovative economy in the world, how can Essex businesses play their part in growing a culture of creative thinking and supporting innovation?
In the latest episode of the Essex Business Podcast, David Rose, Tax Associate at Rickard Luckin, discusses the changes to R&D tax reliefs coming this April, as well the actions HMRC are taking as part of their fraud prevention measures. Plus, Michael Veasey, Sector Development and Partnership Manager at Essex County Council, addresses the issue of the lack of innovation and R&D investment by Essex businesses and their aspirations to stop the rot. Andrea Reynolds, CEO of Swoop Funding also explains the financial support available to Essex businesses.
Recorded January 2023
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