Employment related securities: guide to HMRC filing

By CT Team | May 12, 2021
Many-different-types-of-doughnut

EMPLOYMENT related securities (ERS) are a common way of incentivising employees within the technology and biotechnology industries. However, issuing shares or share options results in a reporting obligation to HMRC, the UK tax authorities. This quick guide covers the most common queries regarding these annual returns and what your obligations are for filing an ERS…

Read More

Entrepreneurs’ Relief and EMI: letter to HM Treasury

By CT Team | March 3, 2020

Given the speculation in the press regarding the withdrawal of Entrepreneurs’ Relief (ER), I wanted to bring to your attention that Enterprise Management Incentive (EMI) share options rely on ER for their tax efficiency, in enjoying a 10% rate of capital gains tax.

Read More

BUDGET 2017: BEST BITS

By CT Team | November 24, 2017
Child-using-technology

CONFLUENCE TAX held a post-budget tax briefing for those in the biotech and tech space on November 23, 2017. Here we’ve shared the ‘need to knows’ for all knowledge-intensive companies and investors WHILE MANY commentators on the autumn budget were unmoved, we welcomed various tax changes that affect the knowledge-based businesses we work with –…

Read More