Connect, no.134, January/February 2005, p.7
Construction - beyond the horizon
The 8th National Conference of the Welding & Joining Society will be held in Great Abington on 15-16 March 2005. The title is Construction - beyond the horizon and the event will cover developments in materials, design, weldingand related technology which can increase efficiency and lower costs.
A team of experts in the field will deliver an informative and challenging technical programme.
This will include presentations on a number of high profile UK construction projects and technical developments in areas such as materials, processes as well as codes and standards will all be covered.
There will be a section on problem solving and the latest methods of repair and refurbishment.
By attending this event, delegates will learn about:
- Recent advances and their application to new construction
- Possible technical difficulties and their solution
- New and emerging codes and standards
Wide-ranging discussion sessions and networking opportunities are a further bonus of attending the event.
Further information and enrolment details may be obtained from Rachel Wall of the Meetings Section at TWI. E-mail: meetings@twi.co.uk
Tax bonanza for R&D users
Are you a small firm with an R&D interest? If so tax credits could soon be heading your way.
If you've less than 250 staff, a turnover not more than £25M a year and a balance sheet no greater than £17M, you may be eligible to claim 65% of the amount you spend on contracted research. The government simply wants toencourage firms like yours to spend money on R&D.
So long as you're making a profit the tax credits reduce your profits chargeable to corporation tax. If you're not in profit you can take the relief as a repayable tax credit. And the amounts are not to be sneezed at.
You can surrender the loss attributable to research expenditure in return for a cash payment of £15.60 for every £100 spent.
The qualifying conditions and indeed the definition of R&D are complex but not particularly demanding. You may well already qualify.
Why not find out more from taxation expert, Bob Dawkins, TWI's Director of Finance and Services. E-mail: bob.dawkins@twi.co.uk