Budget 2020 tax update for biotech and tech companies


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.

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Budget 2018 tax update – Confluence Tax

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…

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Budget 2016 tax implications for biotech companies

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…

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