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.
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.
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”.
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.
“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.
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
Salford Lads and Girls Club to receive lifeline funding grant for ‘essential repairs’
Emily Sergeant
Salford Lads and Girls Club is set to receive a lifeline funding grant for essential repairs merely months after facing closure.
The £400,000 grant will be helping to secure a long-term future for the iconic youth club.
Established in 1903 as a purpose-built club for boys, but now open to girls too, Salford Lads and Girls Club nowadays works to provide new generations with access to sports, creative workshops, fitness, music, drama, and ultimately, life skills.
The building is, of course, forever linked with legendary Manchester band The Smiths, through Stephen Wright’s iconic photo of the band outside the front doorway.
For this reason, the venue has become a worldwide landmark and pilgrimage site for music fans, and it even has a dedicated Smiths room.
Salford Lads and Girls Club will receive a lifeline funding grant for ‘essential repairs’ / Credit: Wikimedia Commons
The venue’s funding grant is part of £2.4 million awarded to six historic places in the North West from Historic England’s Heritage at ‘Risk Capital Fund’.
Other sites in the region include the restoration of the upper seating areas at Morecambe Winter Gardens, and the conservation of the Grade II listed pumphouse at the National Waterways Museum in Ellesmere Port.
Some of the essential repairs set to be carried out with the funding include roof slate replacements, and brick and terracotta masonry repairs to ensure the long-term sustainability of this famous community building in Salford.
“Thanks to the extra funding from the Heritage at Risk Capital Fund, we are able to breathe new life into neglected historic buildings in the North West that we haven’t been able to help through our existing grant schemes,” commented Louise Brennan, who is the Director of Regions at Historic England, as the funding grant was announced.
“This initiative will not only boost economic growth but also create amazing opportunities for people in some of the region’s most disadvantaged areas.
The team behind Salford’s beloved Black Friar set to take over popular Chorlton pub
Danny Jones
The talented culinary team behind the stunning Black Friar pub in Salford are set to take over a new site at a historic old pub in Chorlton: the beloved Horse and Jockey.
As one of the longest-standing and most charming spots on Chorlton Green, The Horse and Jockey public house dates all the way back to 1512 and has remained a regular watering hole for native boozers since the 19th century.
Having been operated by legendary local beermasters, Joseph Holt Brewery, from 2012 onwards, it’s remained a popular spot for generations of punters and ‘The Inn of the Green’ is still the go-to for so many of those who live and work nearby.
Nevertheless, The Horse and Jockey is now set to be taken over by the duo who rebooted a fellow site of Manc hospitality heritage are turning their attention to a new gastropub project.
The Horse and Jockey Inn on the Green, Chorlton-cum-Hardy (Credit: Adam Bruderer via Flickr)
Announcing the redevelopment plans at the start of this month, owner Neil Burke and Executive Chef Ben Chaplin is set to oversee the next chapter for the 200-year-old community pub.
The current Black Friar team has been in place for just over four years now and has very quickly turned what used to be a casual working men’s boozer into a lovingly restored English pub and restaurant with a beautiful outdoor terrace and back garden.
Known for classic but elevated pub grub, proper homemade pies, regularly rotating seasonal menus, a carefully curated cocktail and drinks menu, along with the elegant updated interior, it’s come a long way from its rebirth in 2021.
Having proved their revitalising powers with the Grade II-listed building, which had sat derelict for more than a decade and a half, Burke is using his experience and knowledge as a local resident of the central Manchester suburb to bring a new lease of life to The Horse and Jockey.
Formerly a regional manager of the Jamie Oliver Restaurant Group, before teaming up with Chaplin to take on their own challenge, Chorlton Green’s treasured public house has been something he’s dreamed about for some time.
Speaking on the upcoming overhaul, Neil said: “Myself and Ben are champing at the bit to get the Horse and Jockey living up to its full potential. As with the Black Friar, we want to create a pub that heavily focuses on great British produce in a beautiful environment.
Neil and BenThe Black Friar stunned this past springCredit: Supplied/The Manc Eats
“We’re over the moon to be taking on a true suburban gem that’s all about the community. The Horse and Jockey will be a place where everyone is welcome, whether they’re popping in for a pint, having a roast after a leisurely Sunday walk, or throwing a bash to celebrate a milestone.”
Set to reopen following a major revamp this autumn, Joseph Holt will continue to run the cherished Chorlton pub in the interim while the refurbishments are completed.
Those passionate about keeping that authentic, traditional feel will also be glad to hear that original features like the bright white visage, wooden beams will be kept intact and complemented by a stripped-back decor, heritage colours and more cosy furnishings.
Looking to make this a more dining-led venue than just another bar that happens to serve food, they promise all the usual pub grub favourites, premium á la carte dishes, weekly specials and “a fresh take on The Black Friar’s legendary Sunday roasts.”
Better yet, there’ll still be Holt ales to be enjoyed as well as a new dedicated wine list designed specifically to pair with the new foodie lineup.
We can’t wait to see how it turns out, and you keep your eyes peeled HERE for more updates.