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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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Gillian McColgan

Gillian McColgan

Tax Partner

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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

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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.

Mark Houston

Mark Houston

Senior Partner and Chair

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26 February 2021

  • Corporate Tax
  • Innovation taxes
  • Private Client Tax
  • Budget
A critical Budget balancing act is required from Rishi Sunak

It will go down as one of the most well-worn clichés of recent times but the last year really has been unlike any other that we have ever experienced. With that in mind, you have to feel a certain level of sympathy for Chancellor of the Exchequer, Rishi Sunak, who is currently preparing his first budget in 12 months.

David Ward

David Ward

Tax Partner & Head of Specialist Taxes

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23 September 2020

  • Innovation taxes
  • Coronavirus
Impact of the Coronavirus Job Retention Scheme on R&D claims

Companies will soon need to consider the impact of furloughed staff on their future R&D claims. This will form part of the work that we undertake in preparing our clients’ claims, but there are two key aspects to consider.

David Ward

David Ward

Tax Partner & Head of Specialist Taxes

Connect on LinkedIn

10 July 2020

  • Innovation taxes
Is there a case for a registration/accreditation system for R&D tax advisers?

Whilst professional and ethical standards apply to members of the professional bodies such as the CIOT and ICAS, there is currently no requirement for an R&D tax adviser to be a member of such a body, or to have any particular qualifications.

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