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Budget 2015

By colinhailey | March 19, 2015

18 March 2015 The major changes relevant to technology and biotechnology companies announced in the 2015 Budget are set out below. R&D Tax Credits There are no new announcements regarding R&D tax credit rates. Following a consultation, a number of measures are to be introduced to encourage take­‐up  by smaller  businesses, including new guidance for…

Autumn Statement 2014

By colinhailey | December 4, 2014

3 December 2014 The major changes relevant to technology and biotechnology companies announced in the Autumn Statement are set out below. We will get further details over the next few days. R&D Tax Credits i. Increase in rates The SME and large company R&D tax credit rates are uplifted from 1 April 2015. For SMEs…

Confluence Tax assists F-star Alpha on asset centric deal with Bristol-Myers Squibb

By colinhailey | November 3, 2014

          Bristol-Myers Squibb Enters into Agreement that Provides an Exclusive Option to Acquire F-star Alpha Ltd. and its Novel HER2-Targeted Therapy

Budget 2014

By colinhailey | March 20, 2014

Overview The intention to rebalance the economy and encourage investment has resulted in a budget for 2014 which provides targeted rewards for certain activities. The likely taxpayers in the technology and life science sectors who are affected are highlighted below. Areas which are unaffected are as follows: • Employee share incentives such as EMI options.…

Colin Hailey talks to Pharma TV about UK R&D tax credits

By colinhailey | January 7, 2014

Budget 2013

By colinhailey | March 21, 2013

Overview There were few changes specifically relevant to technology and biotechnology companies announced in the 2013 Budget. Many measures are now announced as intentions for future fiscal years, with details provided just prior to introduction. This note therefore comments on key measures announced today, as well as measures announced previously but only just coming into…