Tax Services
Our professional tax advisors provide specialist services that help biotech companies work through complex tax areas and maximise efficiency. We will help you implement tax strategies that work for your business.
Our services include but are not limited to:
Research & Development (R&D) Tax Credits – government incentives to enable your business to advance science and technology by reinvesting funds in innovation.
We are R&D tax credit specialists, fully up to speed on all of the recent changes to the schemes
We offer a full, comprehensive service from start to finish, identifying all claimable expenditure, assisting with the preparation of the accompanying R&D narrative, and submission of the claim itself, but we can also review your claim at any stage of the process and provide support and advice where needed
We can also assist with building the R&D claim into your financial forecasts, helping to keep you on the runway
EIS / SEIS – incentive schemes that encourage tax-relief for investors, helping you access the funds you need to enable your business to grow.
Our specialists provide top-level support to guide you through the details of schemes, including the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS)
We support with all aspects of advisory and compliance, including advance assurance applications
Patent Box – reduced tax rates on profits from patented, commercialised innovations.
Specialist support with working through the Patent Box claim process
Expert assistance identifying and calculating your IP-derived profits that qualify for the reduced 10% corporation tax rate
Employee Incentive Schemes – structured rewards for employees such as shares, options, or bonuses.
Support and advice for implementing share option schemes
HMRC valuation services
Annual HMRC employment-related securities returns
Our Head of Taxation, Chris Evans, leads our Tax Service.