2379: Unlocking Innovation with R&D Tax Relief

In this captivating episode of Tech Talks Daily, I am joined by Andrew Howarth, the founder of Easy R&D and Storetech, a successful entrepreneur with a deep passion for commercial innovation. With over 25 years of experience, primarily in advanced software solutions, Andrew is dedicated to transforming businesses with the power of R&D tax relief.

Our conversation begins with Andrew sharing his journey in the corporate world, his decision to forge his path with his businesses, and his firsthand experience with claiming R&D tax credits. He takes us through his origin story, the founding of EdiFax, and how his experience with the R&D tax relief scheme inspired the inception of Easy R&D.

Andrew expounds on the benefits of the R&D tax relief scheme, explaining how it can help businesses navigate economic challenges and spur innovation. He also addresses the hurdles faced by the UK in R&D productivity and innovation, with a focus on industries like retail and smart buildings.

Sharing success stories of businesses that have successfully leveraged R&D tax relief, Andrew highlights a heartfelt letter from a grateful client. He encourages business leaders to recognize when their developments have been technically challenging and to investigate the potential for making a claim.

The discussion transitions to Andrew's business, Easy R&D, and its mission to assist UK businesses in claiming against HMRC's R&D Tax Relief Scheme. Andrew also recommends the gripping read "Into Thin Air" by Jon Krakauer and shares his contact information for anyone seeking assistance.

This episode is a must-listen for anyone looking to unlock capital, accelerate innovation, and sustain growth in the face of challenging climates. Tune in to gain insights from Andrew's wealth of experience and passion for driving business success through R&D tax relief.