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Insights

Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.

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Andrew McMillan

Andrew McMillan

Tax Partner & Head of Innovation Taxes

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25 October 2022

  • Technology & Life Sciences
  • Innovation taxes
Building a profitable gaming business

With global video games and exports revenue totalling £215bn in 2021, five times the pre-pandemic global cinema revenue and projected to continue growing in the year ahead, there is an unprecedented opportunity for Scotland to compete in this global market. Here, Andrew McMillan, Director and Head of Innovation Tax, shares his top tips on how to grow a profitable gaming business.

Andrew McMillan

Andrew McMillan

Tax Partner & Head of Innovation Taxes

Connect on LinkedIn

17 August 2022

  • Innovation taxes
Upcoming R&D Tax Relief reforms

Significant changes are on the horizon for the UK R&D Tax Relief regimes. These changes represent some of the most fundamental alterations made to the UK R&D Tax Reliefs since their inception in 2000. Andrew McMillan, Tax Director, explains further.

David Ward

David Ward

Partner & Head of Tax

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23 March 2022

  • Innovation taxes
  • Budget
Spring Statement 2022: Innovation Taxes

The Chancellor’s spotlight continues to shine on the UK’s R&D tax relief system - and this is no surprise, as there is much that doesn’t add up. 

Gillian McColgan

Gillian McColgan

Tax Partner and Head of Large and International Corporate

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28 June 2021

  • Innovation taxes
The ‘new’ Patent Box regime – are you ready?

For accounting periods beginning on or after (or straddling) 1 July 2021, all companies making Patent Box claims must calculate and apply the R&D fraction first introduced in 2016.

Andrew McMillan

Andrew McMillan

Tax Partner & Head of Innovation Taxes

Connect on LinkedIn

02 March 2021

  • Technology & Life Sciences
  • Innovation taxes
  • Budget
Hope for Dundee as innovation likely to figure high in Rishi’s recovery plans

After spending £280bn on the government’s response to the pandemic and pledging a further £55bn this year there is no doubt that Rishi Sunak will be looking to plug the funding gap. Dominating the headlines has been the introduction of levies or taxes that will target the industries that have done well out of COVID-19, such as online retailers and the supermarkets.

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