Small and medium-sized high-tech companies are being invited to a free workshop in Sheffield on support available for business growth, research and development (R&D) tax credits and innovation. The event will be held on Wednesday 14 May at the Sheffield Business School, Sheffield Hallam University.
The workshop, organised by HM Revenue and Customs (HMRC) and the Department for Business Innovation and Skills (BIS), will focus on the range of tax incentives, grants and other support provided by the Government.
As well as giving background on the support available, the workshop will provide information on how businesses can make claims and where to go for further help.
Carol Lunney, HMRC Assistant Director, Business Tax, said:
“Innovation lies at the heart of our culture. British ideas and inventions have helped shape our world: from the telephone to the World Wide Web. The UK has the largest creative sector per head in the world. These workshops are designed to ensure our high-tech SMEs get the help they need to help them invest in R&D and innovation.”
Topics covered are:
- R&D tax credits and the Patent Box tax incentive, led by HMRC
- grants, knowledge transfer, networking, procurement and more, led by the Technology Strategy Board
- EU funding for business R&D and innovation, including the Horizon 2020 programme for research and innovation, launched in January
- patents and intellectual property, by the Intellectual Property Office
- help on innovation and opportunities to commercialise technology through design projects, by the Design Council.
Each 20 minute presentation will be followed by 10 minutes of questions, and stands will also be staffed by experts available to talk. A maximum of 30 delegates will be able to attend each presentation.
Notes to editors
- The Sheffield event will be held at the Sheffield Business School, Stoddart Building, Sheffield Hallam University on Wednesday 14 May 2014.
- Follow us on Twitter @hmrc.gov.uk
Issued by HM Revenue & Customs Press Office
HM Revenue & Customs (HMRC) is the UK’s tax authority.
HMRC is responsible for making sure that the money is available to fund the UK’s public services and for helping families and individuals with targeted financial support.