Posts Tagged ‘tax’
Research and development tax relief ‘single scheme’ consultation launched
R&D tax reliefs are very much in the news, due in large part to major changes being made to the schemes by Government. The past decade has seen upheaval in the way the R&D schemes work, including which costs are eligible, complexity around subcontractor costs, and the latest move – Jeremy Hunt’s 50% cut in…
Read MoreConfluence Tax announces merger with US firm Frazier & Deeter
November 11, 2021 Cambridge, UK – Confluence Tax has today announced it is to merge with a US counterpart, Frazier & Deeter, headquartered out of Atlanta, Georgia. Confluence Tax founder Colin Hailey will continue to lead the firm from its office in Cambridge, while working closely with the existing UK office of Frazier…
Read MoreEmployment related securities: guide to HMRC filing
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 MoreBiotech Employee Equity Survey 2020 results – BEES
The Employee Equity Survey was run for biotech companies to enable them to benchmark equity distribution and the size of share option pools..
Read MoreR&D tax credits: PAYE cap implemented in 2021
But there is no need to panic as most companies, including those in biotech and tech, will be minimally affected by the changes. The PAYE cap legislation around SME R&D claims has been released by HMRC (November 12). Crucially, the exemption to the cap that we, together with the BIA, lobbied hard for, has been included. The key takeaway messages from today’s…
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