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Webinar Series: R&D Tax Relief - What You Need to Know | |
Join us for a two-part series on the current and future changes to the R&D tax relief scheme and how they may affect your business.
In this webinar series, our R&D tax experts Margaret and Tracy will guide you through the current and upcoming changes to the R&D tax relief scheme and how they may affect your eligibility, calculation and submission of claims. | | | |
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Thames Valley Tech & Innovation Awards 2024 | |
This highly-respected awards celebrates the best in Technology and Innovation, recognising the most exciting businesses in the region's thriving tech sector.
We are delighted to be sponsoring the ‘Tech SME of the Year’ category and the judges are looking for an SME that has shown enterprise and innovation in using technology to either transform its own business or that of its clients, and can demonstrate: | |
- An annual turnover up to £15 million
- Trading for a minimum of 2 years
- Forged new paths, new concepts and/or products that stand out from the crowd
Entries are now open for all of the award categories and will be closing on 26 April so don’t miss out on a chance to celebrate your successes by clicking on the link below. | | | |
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US and UK join forces on AI safety tests | |
The safety tests, which will be jointly developed by the UK and US will help to inform governments on whether, when and how to regulate AI in law. Although the countries plan to develop and perform testing together, and to share expertise and resources, each will continue to operate their own independent AI safety bodies as well.
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Michelle Donelan (UK Govt Minister for Technology) said: “This agreement represents a landmark moment, as the UK and the United States deepen our enduring special relationship to address the defining technology challenge of our generation.”
The agreement, follows the signing of the Bletchley Declaration in November which included the UK, US and 26 other states as a joint commitment to collaborate on mitigating the risks of the technology.
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Regulatory boost for UK crypto?
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The FCA last month signalled an update to its position on listing cryptoasset-backed Exchange Traded Notes (cETNs), stating it would “not object to requests”.
This is being seen a sign of softening in the position of the financial watchdog, which has consistently called for tighter regulation of cryptoassets.
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The FCA warned that cETNs, which are financial instruments that track the value of cryptoassets, would have to meet all the requirements of listing rules and that exchanges will need to “continue to make sure sufficient controls are in place” to protect investors.
The financial regulator added that it believes these crypto investment opportunities are “ill-suited” for retail investors due to the risk of harm, so it will continue to ban the sale of crypto derivatives to consumers. The update from the FCA follows the decision in the US to approve Bitcoin Exchange Traded Notes (ETFs), which has contributed to the cryptocurrency’s recent surge in value.
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James Cowper Kreston is a leading firm of accountants and business advisers, with offices across the South of England. We deliver focused, innovative advice to a diverse range of businesses and individuals helping our clients to maximise their potential. If you would like to discuss any of the topics raised within this newsletter please email us on info@jamescowperkreston.co.uk or call us on 01635 35255. James Cowper Kreston | |
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The information in this newsletter must not be relied on as giving sufficient advice in any specific case.
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