This £100 million investment from the Advanced Manufacturing Chain Initiative will provide funding for domestic supply chains and re-shoring. It will be used for research and development, skills training and investment capital.
It is hoped that this investment will encourage production within the UK as manufacturing contributes £140 billion a year to the UK economy supporting two and a half million jobs. Research shows that one in six companies have re-shored production back to the UK bringing custom for other UK businesses in the form of parts and components. This continued support to businesses will secure more highly skilled jobs and promote a stronger economic recovery.
The new funding scheme is available for companies based in England and will be allocated after a bidding process. Businesses will be applicable for this funding if they hope to strengthen their supply chains with the help of capital investments, research and development and skills training.
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Tax Protection
With HMRC becoming more spontaneous with tax investigations we strongly suggest that every business is insured against the cost of investigation. So strongly in fact, that we automatically build it in to our fixed fee agreements. Many of our clients have been very grateful for this insurance when HMRC have come knocking.
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We offer a full range of supplementary accounting services and complimentary business services that will help your business thrive and prosper. All our services and come with a friendly approach, which is of course, free of charge!
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When it comes to supporting small enterprises, helping them grow whilst avoiding regulatory and commercial pitfalls, we have a weath of experience, expertise and a kettle - a very good kettle. If you think we could be a good fit, get in touch to see how we can add value to your business.
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