Capital gains tax Archives

Budget 2020 tax update for biotech and tech companies

By CT Team | March 16, 2020

THE 2020 Budget was an interesting one, especially for biotech companies. Confluence Tax’s team presented the headline points during the company’s Post-Budget Briefing event held on March 12. The focus was on the main elements that will affect companies from a tax and finance perspective.

Budget 2018 tax update – Confluence Tax

By CT Team | October 30, 2018

On October 30th Confluence Tax held a post-budget briefing to update clients on the tax implications of the Chancellor’s 2018 pre-Brexit budget. Here is the slide deck of the presentation. Feel free to download it and do get in touch if you have any questions. Read more about UK R&D Tax Credits. View the presentation…

Budget 2016 tax implications for biotech companies

By colinhailey | March 17, 2016

Corporation Tax As announced in the Budget 2016 statement, the UK corporation tax rate is to be reduced further and will decline as follows: 1 April 2015 1 April 2017 1 April 2020 20% 19% 17% In addition, the old system of ring fencing brought-forward losses within companies and only allowing group companies to share…