Besides electronic manufacturing-based MSMEs, the country is also home to thousands of services companies, which are technically small and medium companies, and the ministry is “constantly concerned” about their growth, too, said the Secretary.
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On-shoring your R&D into the UK can save you significant tax relief on your research, plus means you help to grow UK plc and future research, keeping the UK at the forefront of drug discovery and development. Take a look at our blog on this topic and our website and get in touch if we can help your drug discovery project and save your wonga!
UK science and technology companies face substantial changes to the way in which they can claim innovation support through the Government’s R&D Expenditure Credit (RDEC) scheme. In our latest post we've summarized the key changes and resources available to help you plan for the future. Find out more about this here https://lnkd.in/eKurV8as You can also contact us to discuss how our UK based research service could help your drug discovery at info@charnwooddiscovery.com
UK Research and Development Tax Relief Scheme - RDEC Update - Charnwood Discovery
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If you’re still sceptical about the R&D Tax Relief available in the manufacturing sector then this blog from Madhu Ramasamy should provide some comfort. Failing that, our in-house Compliance function and HMRC Liaison capabilities might serve further. Madhu has a combination of materials science industry experience and knowledge of the UK R&D legislation, as do all our consultants charged with preparing the technical reports in line with HMRC requirements, across a range of industries. #manfacturing #innovation #taxation
Is the R&D scheme benefiting the manufacturing sector in proportion to their innovation and contribution to economic growth? Read more in our latest blog by Senior Consultant Madhu Ramasamy PhD. https://lnkd.in/eyhYUXV5 #RCKPartners #Manufacturing #Innovation
Is the R&D scheme benefiting the manufacturing sector?
https://rck.partners
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With only a fraction of total outlay disbursed, primarily benefiting sectors like large-scale electronics manufacturing, govt must focus on sectors lagging behind, writes Amiti Sen. https://trib.al/PW6RtiL
10 years of NDA: PLI scheme, a promising start but yet to reach its potential
thehindubusinessline.com
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China’s electronic information manufacturing industry continues to recover
China’s electronic information manufacturing industry continues to recover
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This is a fantastic article from Tony Hague at PP Control & Automation on the importance of industry taking destiny into its own hands and why waiting for government to get its act together is never the best course of action. You can read the full article here: https://lnkd.in/dy8sNDEy #UKmfg #Manufacturing #Engineering #Production #Productivity #UKmanufacturing
Insight: Manufacturers should act now to achieve strategic independence
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Companies should expect to see an increase in TP compliance requirements, including submission of TP documentation and TP forms in more countries. Read what Abhijay Bhatia, MBA, MST at Convatec Group PLC has to say on transfer pricing in our February 2024 issue roundtable: https://lnkd.in/egKZPjkF
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The IRS just released Notice 2023-63, guidelines for handling specified research or experimental (SRE) expenditures. Tune in for key issues and considerations on SRE Amortization under Section 174: https://okt.to/x6G5lW #SRE #TCJA #YourGuideForward
Notice 2023-63: IRS Guidance on SRE Amortization under Section 174 Explained
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The NAO's timely Report on "Efficiency in government procurement of common goods and services" has finally been released. It is great to see that the NAO's findings validate much of my empirical research on the use of framework agreements in the UK. Watch this space as Luke R. A. Butler and I will be publishing in-depth analyses of many of the complex legal issues not addressed. This research builds on the conclusions of my PhD and this important NAO report. #cabinetoffice #NAO https://lnkd.in/e_hEM-wR
Efficiency in government procurement of common goods and services - NAO report
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Sustainable Procurement | Negotiation | Training | AI | eCommerce | Policy | Program Mgt | Gateway + MAPS Reviews * Comments are my personal views and not the views of associated organisations.
Interesting findings on UK framework agreements offered by Government Commercial Function, working with the Crown Commercial Service. The UK National Audit Office recommends: - streamlining the central purchasing system to deliver better value for money for the public sector, including reducing the number of poor-quality framework agreements. - make better use of data and technology to increase transparency and promote competition. - deliver efficiency benefits through more aggregation of buying, better management of goods and services categories and improved understanding of its markets. Thanks for sharing Dr Steven Brunning Globaltraid
The NAO's timely Report on "Efficiency in government procurement of common goods and services" has finally been released. It is great to see that the NAO's findings validate much of my empirical research on the use of framework agreements in the UK. Watch this space as Luke R. A. Butler and I will be publishing in-depth analyses of many of the complex legal issues not addressed. This research builds on the conclusions of my PhD and this important NAO report. #cabinetoffice #NAO https://lnkd.in/e_hEM-wR
Efficiency in government procurement of common goods and services - NAO report
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Australian advanced manufacturing can only compete globally with a quantum increase in funding and government contracts, and the National Reconstruction Fund alone may not be enough to achieve this, according to a report by national professional services firm RSM Australia. #AM #advancedmanufacturing #quantum #report #manufacturing #funding #government #contracts #NRF #RSM
RSM report provides insights into manufacturing sector - Manufacturers' Monthly
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