Source Advisors, Author at Source Advisors

Our people

Source Advisors partners with CBI on landmark Innovation Investment research

Source Advisors is proud to announce a strategic partnership with the CBI to deliver a major research initiative aimed to advance the understanding of innovation

Source Advisors 2 June 2025

HMRC tax and policy

HMRC releases new guidance on subcontracted and subsidised R&D activity

This post was published in March 2025. For the latest information on contracted-out R&D, see our guide. On 27 February 2025 HMRC released new guidance

Source Advisors 7 March 2025

Intellectual Property services

Patent Box benefit delivered for Source Advisors’ clients

Source Advisors have been delivering Patent Box services to our clients since the scheme was launched in 2013. We have always known that any client

Source Advisors 24 July 2024

Accountants

How we work with our accountant partners

At Source Advisors, we believe that great partnerships are built on collaboration, transparency, and mutual growth. To make the most of our partnership, it’s crucial

Source Advisors 3 June 2024

Accountants

GovGrant expands Accounting Channel team to meet the increased demand of specialist R&D services

We recognise the many challenges that accountants are facing as the landscape of R&D tax relief changes. We have recently increased the size of our

Source Advisors 14 November 2023

Intellectual Property services

Debating the benefits of IP to life sciences – Cambridge University

In July 2023, I was honoured to be invited to the LMB-VBC Graduate Life Sciences symposium at the University of Cambridge, specifically to be a

Source Advisors 14 August 2023

Accountants

Elevation – our R&D tax credit portal for accounting partners.

At GovGrant  our relationship with our accounting partners is more important than ever and we want to make sure our knowledge and experience is offered

Source Advisors 7 July 2023

HMRC tax and policy

Advanced notification requirement – clarification from HMRC

You will have heard that soon, in some circumstances, HMRC will need advanced notice of your intention to claim R&D tax relief. We’ve been receiving

Source Advisors 3 July 2023

R&D tax relief

Spring Budget 2023 – our initial response

What did the Chancellor announce in the Spring Budget today? The R&D tax relief schemes were again mentioned by The Chancellor of Exchequer, Jeremy Hunt

Source Advisors 15 March 2023

R&D tax relief

Does claiming R&D tax relief always stack up financially?

Core to this question is balancing the cost of making a claim vs the benefit your business receives in tax relief. Of course, this depends

Source Advisors 20 September 2022

R&D tax relief

Are Scottish businesses still missing out when it comes to R&D tax relief and Patent Box?

We know that businesses in Scotland have a proud tradition of innovation and invention but are Scottish businesses benefitting fully from HMRC’s innovation incentives? These

Source Advisors 9 August 2022

HMRC tax and policy

Legislation Day – HMRC’s draft changes to R&D tax relief schemes

Yesterday (Wednesday 20 July) was what HMRC refer to as Legislation Day, on which they publish the draft legislation changes that have now been submitted

Source Advisors 21 July 2022

R&D tax relief

Get ahead with your R&D tax relief

Your R&D tax relief claim can’t be an afterthought For too long, and for too many, R&D tax relief has been a tick box exercise

Source Advisors 22 June 2022

R&D tax relief

Tomcat SNI – inventions with a social purpose

When the words ‘R&D tax credits” are mentioned, people often think of white lab coats, test tubes, and rocket ships. Whilst these activities are likely

Source Advisors 5 January 2022

Our people

Countdown to COP26

It probably hasn’t escaped your notice that the UK is hosting the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow at the

Source Advisors 21 October 2021

Accountants

Proud to launch Elevation at the Digital Accountancy Show

GovGrant recently exhibited at The Digital Accountancy Show, a one-day exhibition specifically focussed on digital transformation and the app ecosystem. It was great to meet

Source Advisors 8 September 2021

Our people

GovGrant acquires Luvo Financial as the R&D tax credit market consolidates

GovGrant, the R&D and IP specialists, has today announced the acquisition of Luvo Financial. GovGrant sees this as a significant opportunity for both parties as

Source Advisors 1 September 2021

Accountants

Meet us at The Digital Accountancy Show

The Digital Accountancy Show is a one-day exhibition specifically focussed on digital transformation and the app ecosystem. It’s happening 1 September 2021, at Tottenham Hotspur

Source Advisors 25 August 2021

Accountants

GovGrant launches Elevation to empower accountants with R&D and IP

Today we launched Elevation, a new tool that allows accountants to take control of R&D tax claims and support them through the process with access

Source Advisors 8 June 2021

Our people

GovGrant supporting Made in Scotland Awards 2021

GovGrant is delighted to be supporting the Business Insider Made in Scotland Awards. We will be sponsoring the Innovator of the Year category. This award

Source Advisors 28 April 2021

Our people

Have you heard us on the radio?

As an innovative SME ourselves we are always looking for new ways to get our message out there to UK businesses. During the first lockdown,

Source Advisors 10 March 2021

HMRC tax and policy

Blue sky thinking – we’ve never needed it more

First announced nearly a year ago, as part of the 2020 budget, it seems that the government is set to go ahead with the £800m

Source Advisors 23 February 2021

Our research

Rocket into 2021 | Part 3

Over 2020, through the Covid crisis, we at GovGrant helped almost one thousand innovative UK companies, and over hundred investors, achieve value and investment returns

Source Advisors 3 February 2021

Our research

Rocket into 2021 | Part 2

We at GovGrant have 15 years’ experience of helping innovative UK companies, and their investors, achieve commercial value from innovation. With our Rocket into 2021

Source Advisors 22 January 2021

Our research

Rocket into 2021

We all know how hard and volatile 2020 was for the UK economy. UK public equity indices crashed 30% from close to all-time highs over

Source Advisors 14 January 2021

R&D tax relief

Are Scottish businesses missing out when it comes to R&D tax incentives?

In the UK companies are able to claim tax relief for their R&D activity. This government scheme is designed to boost innovation by supporting businesses

Source Advisors 21 August 2020

Our people

Covid-19 – business as usual and the new normal

As we pass the milestone of 100 days since lockdown started, it seems like a good time to take stock and reflect on how life

Source Advisors 9 July 2020

HMRC tax and policy

GovGrant welcomes the BEIS announcement of R&D budget allocations for 2020 to 2021

It may seem like another era, but the UK budget on was less than 3 months ago. At that time the Chancellor set out his

Source Advisors 5 June 2020

R&D tax relief

GovGrant urges separation of audit and consultancy in order to embrace contingent fees for consultancy services

The CEO of one of the UK’s leading innovation tax specialists has called for contingent fees to be fully embraced by clients seeking the best

Source Advisors 3 July 2019

R&D tax relief

GovGrant targets agritech and vertical farming to support innovation in food production

GovGrant, the innovation tax specialist that helps businesses secure tax breaks for their R&D and intellectual property, has targeted ‘vertical farming’ for future business development. GovGrant

Source Advisors 13 June 2019

Our people

GovGrant’s Charlie Whitehead blogs on a fascinating day with the entrepreneurs of Manchester

Last month I attended Connected Investing held in Manchester University’s Bright Building. The Connected Investing event series is delivered through a partnership between UKBAA (UK Business

Source Advisors 13 June 2019

Our people

GovGrant appoints Bartholdi to spearhead sales and marketing

GovGrant, the innovation tax credits specialist, has appointed Dominic Bartholdi as head of sales. GovGrant, [which is based in St Albans] helps businesses take advantage of

Source Advisors 27 March 2019

Our people

GovGrant posts record quarterly trading and says no evidence of Brexit ‘meltdown in SME innovation’

Strong sales uplift following significant increase in claims volumes Brexit having no impact on SME investment in innovation CEO calls for regulation to remove cowboy

Source Advisors 7 March 2019

Our people

GovGrant signs up with Insurtech UK

Innovation tax specialist GovGrant is delighted to confirm today that it has been accepted as the research and development/intellectual property partner of Insurtech UK. GovGrant joins

Source Advisors 6 March 2019

Our people

Employment Law and Innovation Funding – upcoming Cambridge event

Business financing – cash flow and employees are key assets in every organisation and while the full impact of Brexit on business remains to be

Source Advisors 10 January 2019

R&D tax relief

GovGrant featured in Envirotec Magazine

The government is giving more of a boost than ever before to the UK’s most innovative companies, according to the latest full-year statistics from HMRC.

Source Advisors 19 December 2018

Intellectual Property services

GovGrant: Patents should make money for business, not just make people feel good

Luke Hamm, chief executive of innovation tax credit specialist GovGrant, will urge business owners to monetise their intellectual property (IP) and stop treating it like

Source Advisors 12 December 2018

HMRC tax and policy

GovGrant urges Herts businesses to claim credit for innovation after government announces local industrial strategy

GovGrant, the St Albans-based innovation and R&D tax credits specialist, has welcomed government plans to develop localised industrial strategies, including for Hertfordshire, but has urged

Source Advisors 10 December 2018

HMRC tax and policy

GovGrant CFO Steve Phillips reflects on the 2018 Budget and its impact on innovation and R&D

As is usual, politics took centre stage following the 2018 Budget. Labour was under scrutiny after the Shadow Chancellor, John McDonnell, indicated that, unlike his

Source Advisors 9 November 2018

HMRC tax and policy

Webinar: Budget 2018: Has the chancellor delivered on tax and innovation?

Overview Title: Budget 2018: Has the chancellor delivered on tax and innovation? Date: Thursday, November 01, 2018 Time: 09:30 AM Greenwich Mean Time

Source Advisors 30 October 2018

HMRC tax and policy

GovGrant joins influential All Party Group for Design and Innovation

GovGrant, the innovation tax incentive specialist, has joined the All Party Design and Innovation Group (APDIG), a parliamentary body made up of MPs and Peers

Source Advisors 16 October 2018

HMRC tax and policy

New government tax stats boost innovative UK businesses

The government is giving more of a boost than ever before to the UK’s most innovative companies, according to the latest full-year statistics from HMRC.

Source Advisors 27 September 2018

Accountants

Enhanced Capital Allowance scheme explained

For any bricks and mortar business, one of the most significant investments they can make will be in plant and machinery. The natural temptation is

Source Advisors 18 September 2018

Accountants

Webinar: Do you recognise client innovation to maximise their tax benefits?

When it comes to claiming R&D tax relief and offering Patent Box services, are you sure that you are doing enough to maximise your clients’

Source Advisors 14 September 2018

Our people

The results are in; Staff survey shows GovGrant employee engagement is on the right track

GovGrant’s annual staff survey has been collated and from the 10 questions posed to the staff, there were some encouraging responses.

Source Advisors 7 September 2018

Our people

‘It Pays to Innovate’ workshop hosted by GovGrant

We are delighted to be hosting our second ‘It Pays to Innovate’ workshop with Velocity Growth Hub next week. Seats are limited, but it’s not

Source Advisors 30 August 2018

R&D tax relief

GovGrant featured in GTMA Aerospace Executive briefing

Charles Darwin said that ‘it’s not the strongest of the species that survive, nor the most intelligent, but the one that is most responsive to

Source Advisors 30 August 2018

Our people

Steve Phillips – CFO at GovGrant – on life in the world of R&D and Innovation

Q. You’ve had a number of senior roles in private equity-backed businesses, and in private equity, so what was the attraction of joining GovGrant?

Source Advisors 30 July 2018

R&D tax relief

GovGrant featured in Insurance Edge

Insurtech is the buzzword in the insurance industry right now, with dozens of UK start-ups all trying out new ideas and often hungry for investment

Source Advisors 16 July 2018

Accountants

Breakfast with your local innovation partner

Come and join us for a free breakfast seminar on Tuesday 24th July 2018, in the heart of St Albans.

Source Advisors 10 July 2018

Our people

It all adds up for new finance chief

Business innovation funding and tax relief specialist GovGrant has appointed a new Chief Financial Officer (CFO).

Source Advisors 11 June 2018

Our people

New boss at innovation specialist GovGrant

The company responsible for securing millions of pounds in Research and Development (R&D) tax credits for small or medium sized businesses (SMEs) has appointed a

Source Advisors 26 April 2018

R&D tax relief

What are the steps in completing an R&D tax credit?

If you are a business owner or manager with a company presence in the UK, you may be eligible for research and development (R&D) tax

Source Advisors 6 February 2018

Our people

Hertfordshire Business Awards 2017

GovGrant’s managing director Jeremy Tear has been judging the innovation category in this year’s Hertfordshire Business Awards and his visits to the shortlisted businesses have

Source Advisors 21 November 2017

Our people

The Business Show 2017

GovGrant is looking forward to exhibiting at The Business Show this year. This free business exhibition offers a wealth of opportunity, advice and information crucial

Source Advisors 2 November 2017

Our people

Coffee, cake and charity

Charity + Bakeoff back on the box=Macmillian coffee morning.

Source Advisors 1 October 2017

CALCULATE

Eligibility checker for contracted out R&D