The COVID-19 pandemic has been tough on the economy – and businesses of all types have felt the strain.
In April 2020 alone, a quarter of UK companies closed and May saw the country enter its worst recession for many years.
Various levels of restrictions, ranging from lockdowns to the tier system, have resulted in businesses struggling to stay afloat.
However, one Manchester-based firm has set a mission to change all that: Areande.
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How Areande is making a difference
Areande helps businesses across Manchester and beyond to claim research and development tax credits.
This incentive – also known as innovation tax relief – was introduced by the government in 2000 to encourage companies to innovate.
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R&D tax credits allow businesses to claim a cash payment or a reduction in their tax bill for a variety of costs spent on innovative projects.
Founded during the pandemic, Areande’s singular goal is to “simplify the claims process and help as many firms as possible”.
As multiple sectors started being squeezed by the pandemic and social distancing measures, Areande was set up to provide innovating businesses with a “vital lifeline”.
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Spending money developing or improving new products, services, or processes qualifies you for tax relief – with many companies eligible for cash payments or tax bill reductions.
You can determine whether you’re eligible for tax relief for your innovation here.
Partnering with Areande
Scott Graham / Unsplash
Areande also runs a partnership programme for individuals and businesses searching for an additional source of income during a financially challenging time.
Areande offers a lucrative referral programme for their partners, allowing companies to make money for sending potential claimants their way.
Explaining the partnership programme, Areande stated: “We use a rigorous approach with a built-in quality assurance system, ensuring we uncover all eligible R&D costs. Our experts do all the hard work; partners need only send clients our way and wait for their reward.
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“As a partner, you’d also have access to a dashboard where you can monitor earnings in real-time and easily export data for reporting. You would also have the pleasure of seeing your clients power their businesses forward, achieving – and even exceeding – their growth plans by claiming Areande. Partnering with Areande could provide many benefits to both you and your clients.”
Research and Development Expenditure Credit (RDEC), also known as above the line R&D tax credit, allows larger companies to reclaim tax for their innovation.
This incentive is worth 11p for every pound spent on qualifying R&D activities.
Areande saves its clients from having to deal with HMRC and pledges support for almost all industries; with members of its team from agriculture, pharmaceutical, medical supplies, research, property, construction, financial and technology backgrounds.
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The company stated: “We use a streamlined and technology-driven process that can take businesses from claim to cheque in a matter of weeks SMEs, whether they are profit or loss-making, can claim up to 33p for each £1 they’ve spent on innovation.
“We have helped thousands of businesses across the country claim back millions from HMRC, with an average claim value of £53,714 for SMEs and £600,977 for large companies. We have a streamlined process; we handle everything so you can focus on innovating.”
With the money received from Areande claims, businesses have managed to increase their incomes, expand their operations and recoup some of their COVID-19 losses.
In the current climate, local businesses need a boost – and Areande is providing exactly that.
You can apply for R&D tax credits online here.To learn more about what Areande are doing to support the local economy, visit their website. You can sign up and see if you’re eligible online.
Business
IKEA announces decision to close popular Greater Manchester site
Emily Sergeant
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It’s the end of the road for one of IKEA’s popular Greater Manchester sites.
The Swedish furniture giant has announced its decision to close its ‘Plan and Order Point’ over in Stockport in a couple of weeks time.
The store – which is located in Stockport town centre’s Merseyway Shopping Centre – launched to huge success back in March 2023, and at the time, was the second of this ‘test and trial’ format to open in the UK, becoming a smaller space dedicated to kitchen and home planning, as well as ordering items.
IKEA says the closure comes as a result of ‘valuable learnings’ which plan to take this conceptual format in a direction to ‘better suit the needs of UK customers’.
IKEA is closing its close popular Stockport site this month / Credit: Jon Super (via IKEA)
Since the opening of the Stockport Plan and Order Point, IKEA claims it has seen an increased demand for Click and Collect services, a desire by customers to shop a smaller selection of home furnishing accessories, as well as the ability to return goods to physical IKEA units, and this is all something which the current location is unable to offer.
Learning from this change in consumer habits, the company says its future Plan and Order Point openings – including in those in other northern cities like Hull and York – will offer these services.
IKEA says it also remains ‘committed’ to trialling new formats, such as its upcoming small stores, one of which will open in nearby Chester later this year.
Luckily for IKEA fans, the retailer has confirmed that its major Greater Manchester store in Ashton-under-Lyne, as well as the neighbouring store in Warrington, will remain open as normal, offering all the services available at Stockport and more.
The Swedish furniture says the closure comes as a result of ‘valuable learnings’ about customer needs / Credit: Jon Super (via IKEA)
In addition to the upcoming opening of a smaller store in Chester, IKEA has revealed that the North West continues to be an area of interest for future expansion.
“After careful evaluation, we’ve made the difficult decision to close the IKEA Plan and Order Point at Merseyway Shopping Centre,” explained Salma Azad, who is one of IKEA’s Area Managers.
“In the two years since opening, we’ve taken valuable learnings, including how our customers prefer to meet IKEA, and we’ll take these insights into future openings, to serve shoppers in a more impactful way.”
Thanks to last year’s Click and Collect expansion, Stockport residents can now pick up purchases from Tesco Extra Stockport and Tesco Extra Stretford, as well as the Manchester store and the upcoming small store in Chester.
Stockport Plan and Order Point’s final day of trading will be on 16 June.
Guide Dogs desperately needs people in Greater Manchester to ‘foster’ its dogs while they’re in training
Emily Sergeant
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Guide Dogs desperately needs Greater Manchester residents to take on the volunteering role of Fosterers.
The charity – which has been providing mobility support, and raising awareness of and campaigning for the blind and partially sighted since 1934 – relies on the help of its network of its more than 14,000 volunteers across the UK to help it make a difference and improve the lives of those with visual impairments.
And Fosterers are a vital part of the journey for the hundreds of dogs trained each year.
As a Training Dog Fosterer, you’ll be giving a dog in training a loving home whilst they embark on their journey to become a guide dog.
You’ll get to see the progress your furry companion is making in their training and be a vital part of their journey, all without the commitment of looking after a dog full time.
Guide Dogs North West – which is based at the state-of-the-art training school in Atherton – has taken to social media this week to issue a desperate plea for new Fosterers to join its volunteer network in our region, and is calling on dog lovers who can commit to the important role to get in touch.
“Calling dog lovers around Atherton,” the post on Instagram reads.
“We desperately need volunteer Fosterers to look after our trainee guide dogs during the evenings and weekends. We take care of the training and costs, such as food and vet bills, and you take care of the play time and cuddles.”
One of the most crucial parts of the Fosterer role is being able to drop the dog off between 8-9am and pick them up between 5-6pm at a Guide Dogs site or a site near a trainers’ home each weekday – which means you will likely need to live nearby to the Atherton training centre or be fully-committed to travelling.
Guide Dogs desperately needs people in Greater Manchester to ‘foster’ its dogs while they’re in training / Credit: Guide Dogs
What will you get in return? Well, volunteering is a two-way street, so in return for your time, you’ll get a dedicated volunteer manager / key contact who will help you settle in and support you during your time with the charity.
And of course, you’ll get lots of cuddles from the new four-legged friend you’ve welcomed into your home.
This could be a chance to play your part in changing lives.
The Manc -
25th January 2021 
