Innovate UK supports UK-based businesses to invest in research, development, and innovation through grant funding, loans, or procurements. You can browse and apply for funding opportunities through their Innovation Funding Service.
Various types of funding opportunities are available throughout the year. Each opportunity has its own eligibility criteria and scope. The Innovation Funding Service has information on what funding opportunities are available and which ones may be right for you.
It is important that you read the full eligibility, scope, and guidance for a funding opportunity before you apply.
See: Innovation competitions - Innovation Funding Service (apply-for-innovation-funding.service.gov.uk)
HMRC have clarified the position on Self Assessment tax return reporting requirements for directors of close companies and updated their guidance for directors of charities.
HMRC have updated guidance on UK VAT refunds for non-UK businesses in a VAT group. Revenue & Customs Brief 10 (2026) explains changes to how non-UK businesses in a VAT group should make future UK VAT refund claims and the transitional arrangements. It also explains how to ask HMRC to reconsider claims made since 1 January 2021 that have been refused.