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Nick Frost, of LRH Chartered Accountants, has been referring his clients to MCS Corporate Strategies for several years. Here, he explains how referring to an R&D specialist adds value to his accountancy offering.

R&D is a specialist subject, so it really needs a specialist to get the best out of a tax credits claim. As an accountant, you can’t be a specialist in everything, but with something as potentially lucrative as R&D tax credits you don’t want your clients to lose out.

What client wouldn’t be happy to get free money? That is essentially what R&D tax credits are. In the hands of an expert advisor like MCS, the credit Read more


VGTR culture test explained

VGTR is a valuable tool for game developers, offering the opportunity to recoup as much as 25% of development costs for games that have cultural relevance to the UK. The full guidelines are supplied by the BFI, who assess the games eligibility, but they can be a lengthy read.

Here, we summarise the key points of the test to give an overview of your company’s eligibility.

VGTR Culture

Cultural Content – Total 15 points

Points are awarded for the game content’s cultural relevance to the UK. The number of points depends on the percentage of the Read more


Adrian Sewell founded Tandem Patents in 2016, to help specialist engineering and design companies through the patent process. A dual qualified patent attorney and chartered mechanical engineer with a passion for innovative design, Adrian established Tandem to give his clients a personal and practical service that larger firms can’t always afford.

Here, he tells MCS Corporate Strategies how business are missing out on the opportunities of IP – and shares his expert insight on the process.

Do you think businesses are missing out on Patent Box opportunities?

Similar to the way that R&D tax credits have taken around 10 years to gather momentum, innovative UK companies aren’t getting Read more

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Scaling up can be a difficult time for businesses, both financially and logistically. MCS corporate has worked with businesses across all stages of growth, and know that R&D tax credits can be a useful – but often overlooked – financial tool to help facilitate fast growth.

We look at four ways that tax relief could help your business through scaling up:

Trial and error

The process of scaling up can include an element of trial and error, as you explore new avenues of expansion. Whether it’s a new customer base, a new range of products, a new service or simply an expansion of your existing activity, finding your feet as Read more

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Twelve new enterprise zones will be going live across the UK this April, further supporting economic growth across the UK.

The new locations, which stretch from the north-east to the south-west, bring the total number of Enterprise Zones in England to 48. A crucial part of the government’s drive to boost industrial strategy across the UK, the first zones were announced in the Autumn Statement 2015, offering business rate discounts, tax breaks and other support to local businesses.

The current zones have attracted more than £2.6 billion in private investment since they were launched, with more than 700 new businesses setting up in the areas.

The new zones include areas Read more


Ninety percent of game development companies intend to expand this year, but with Brexit on the horizon, many are concerned that a lack of skilled workers could prevent growth. In an increasingly competitive market, where demand for AAA standard gaming can cause financial concerns even for larger developers, game developers will need to look for skills and cash flow solutions to help them stay ahead.

Skills Last year, one in four businesses were looking overseas to recruit tech talent. Yet even with free trade movement from the EU, the tech industry were struggling to recruit, leading to the introduction of the ‘tech nation’ visa scheme in 2015 to ease the Read more



Hammond’s Spring Budget speech on Wednesday made repeated reference to making Britain the best place in the world to do business, but featured frustratingly few economic details of what the post-Brexit landscape will look like for businesses.

However, the Chancellor’s first budget since the Government’s Building the UK’s Industrial Strategy green paper was released did suggest some progress towards realising the plans and ambitions laid out in January.

Driving investment in science, research and innovation

The Industrial Strategy paper set out the government’s ambition to drive investment in science, research and innovation across the economy.

This is reflected in the £270 million pledged towards new technologies such as robotics Read more

credit@ Beatriz Perez Moya

We take a look at Theresa May’s hotly anticipated green paper, Building our Industrial Strategy, and find out what it means for the future of R&D…

Theresa May’s highly anticipated green paper, Building our Industrial Strategy, was released this week, outlining proposals to boost industrial innovation and activity in the UK as we plan to move away from the EU.

Shortly followed by the High Court’s ruling on Article 50, the green paper could form a crucial foundation for May’s cabinet to outline practical Brexit plans for Parliamentary approval.

Here are some of the key points it raises about the future of R&D support for businesses in the UK.

Investing Read more

credit @ Samuel Zeller Unsplash

Out of over 22k R&D claims in 2015, less than 3% came from businesses in the north east. We take a look at the industry’s North/South divide and see what manufacturers can do access R&D cash flow.

It’s not an easy time to be a manufacturer. Although the industry had some good news in January, when figures showed the sector had enjoyed its fastest growth in two years, it came on the back of a string of less than sparkling results and a stark warning about increasing costs.

The Brexit vote, it seems, has had multiple knock-on effects. While the drop in value of the pound has encouraged foreign buyers Read more

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R&D tax credits are more than just a financial pat on the back for product or service innovation. For many of the businesses who claim R&D, tax credits become an integral part of the business, shaping the way that development is carried out and creative decisions are made – not to mention funded.

We hear from three MCS clients about how R&D tax credits helped to shape their businesses, from spurring innovation to making R&D a crucial part of cash flow.

Product development is no longer a financial risk

Barbara Burgess, Managing Director of D&D chocolates

“Since we successfully claimed our first R&D payment, it’s made us more proactive Read more


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