Knowledge

I meet with a lot of businesses that are carrying out innovative activity when dealing with claims for research and development (“R&D”) tax relief and it surprises me how few…

Other examples of this planning we have experience of dealing with are: The demerger of property assets from trading activities for two separate groups prior to a merger of the…

This enhanced relief is called a Super-Deduction. It’s intended to encourage investment and kick-start the economy after the shocks of Brexit and Coronavirus. Of course, a cynic would suggest that…

The UK’s innovation strategy was set out in 2021 with 4 key pillars: Unleashing business – fueling businesses who want to innovate People – make the UK the go-to place…

What is a Company Purchase of Own Shares by multiple-completion contract? Where a shareholder exits a business, and subject to there being sufficient reserves, a company can repurchase the shares…

For shareholders receiving cash (or a simple debt) for the sale of their shares, their entire gain comes into charge in the tax year in which a binding contract for…

The two concepts of Valentine’s Day and the Patent Box seem poles apart and incongruous yet they are, in truth, a match made in heaven. Valentine’s Day has always been…

Written by Elliott Morrell, Manager at Claritas Tax: These discussions are usually along the lines of “why has EBITDA been used?”, “how has EBITDA been calculated?” and “is the multiple…

I often hear the term Code of Practice 9, what does it mean and is it the same or different to the Contractual Disclosure Facility? Code of Practice 9 (COP9)…