If you had asked me about R&D tax credits two or three years ago, there would have been plenty to talk about. The market was in turmoil. We had repeated rule changes, increasing levels of HMRC scrutiny, changes to relief rates, and, ultimately, the introduction of the merged R&D scheme. At the same time, there … Read more
Raising investment for a science or technology business can be difficult. Developing products, employing specialists and moving an idea towards commercialisation often requires substantial capital. The Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) can make a funding round more attractive to private investors. These government-backed venture capital schemes offer qualifying individuals tax … Read more
Many tech company owners know about R&D tax relief and R&D tax credits, but far fewer realise they could also benefit from the Patent Box. The UK Patent Box regime can reduce the effective corporation tax rate on qualifying profits to just 10%, making it one of the UK’s most valuable tax incentives for innovative … Read more
