Articles
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The HMRC proposal: Advance Tax Certainty
The future of tax certainty for major projects is being shaped right now, and the tech sector’s voice is essential. An advance certainty clearance is a binding HMRC decision on how tax law applies to fully disclosed facts of a specific case. HMRC will not change its interpretation of the law for those facts, unless…
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The Changing Landscape of R&D
Innovation is the lifeblood of the UK tech sector, but if you’re claiming R&D tax relief, the rules are stringent. With new compliance measures, pre-notification rules, and an evolving enquiry approach, businesses must be proactive in protecting their claims—or risk losing out on valuable tax relief. Whether you’re developing AI models, fine-tuning cybersecurity algorithms, or…
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Spring Statement 2025
The Spring Statement 2025 introduces several key tax measures designed to accelerate growth and innovation within the UK tech sector. The initiatives focus on fostering technological advancements, enhancing financial opportunities for tech companies, and offering incentives for businesses looking to drive sustainability. This is a pivotal moment for the sector, as it continues to play…
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R&D and the Patent Box
Overview Tax relief might not make you want to jump out of your seat and shout “Eureka,” but who wouldn’t want to save cash while pushing the boundaries of innovation? Effective 1 April 2024, the UK has simplified its R&D tax relief framework – by merging the SME (Small and Medium-Sized Enterprise) scheme and RDEC…
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