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Corporate Tax

Tax compliance

Enterprise tax matters are under increasing scrutiny, and one slip can have both the media and the tax man calling. Let our experts prepare and file your corporate tax returns, and benefit from our years of experience in this intricate world.

We pride ourselves in providing a rounded compliance service including:

  • Identifying any beneficial claims or elections
  • Advance warning of any changes in tax law which affect your business
  • Addressing other matters of compliance with tax law, such as international and domestic transfer pricing or diverted profits tax.

You never know when HMRC will come to investigate, and these can be costly even if they are concluded with no adjustment to your tax liability. We recommend our clients consider insuring themselves against the professional costs they face if HMRC targets them for investigation, and can provide Professional Fee Protection

R&D tax relief

Successfully claiming R&D tax relief can provide significant cash flow benefits, either by reducing a company’s tax liability or claiming an additional tax repayment (R&D tax credits). R&D claims are commonly made by businesses in the engineering, pharmaceutical, healthcare, software development, energy-saving and biotechnology fields, but successful claims have also been made by some of our architect, manufacturing, design engineers and construction clients, too. 

Patent box

This government incentive scheme provides a tax discount to profits from patented interests, and we can:

  • Help maximise qualifying income to be taxed at 10%
  • Advise on methods of income identification and tracking, and on R&D expenditure
  • Maximise claims for R&D-related costs
  • Apply transfer pricing methodologies to value notional royalties
  • Optimise group IP holding structures and licences.

Venture capital tax reliefs

The EIS, SEIS and VCT Investment Schemes are designed to help smaller, higher-risk trading companies raise finance by offering a range of tax reliefs to investors who purchase new shares in those companies. The reliefs can provide the investor with a significant income tax break, and also provide the opportunity to defer capital gains. 

Capital allowances

An effective way to reduce the overall cost of purchasing plant and machinery, the Annual Investment Allowance has been set at such a level that most businesses will be able to write-off much of their annual cost of acquiring plant and machinery as a tax deduction in the year of acquisition. Any companies acquiring property will need to consider their ability to claim capital allowances on fixtures and fittings. 

Reorganisations

Without proper advice before your corporate reorganisation, you could face corporation tax, income tax, capital gains tax, stamp duty land tax or VAT implications. Talk to our experts about disposals, acquisitions, simplifying your group structure, demergers and share capital reorganisations such as share buy-backs.

Get in touch  to discuss streamlining your enterprise tax.

Key contact

Tax Partner
Neil Berry
+44 (0)1162 894 289

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Meet the team

Photo of Richard Thomas

Richard Thomas

Tax Director

Richard joined MHA MacIntyre Hudson in October 2016. Richard is a Tax Director in the corporation tax team, providing tax advisory services to a wide range of corporate clients.

Richard trained with BDO where he worked with large corporate clients requiring a seamless compliance function combined with proactive tax advice.  This continued following his move to a big four firm where he worked with both listed and entrepreneurial businesses.  Richard is a Chartered Tax Advisor and a member of the Association of Tax Technicians.

Richard enjoys reading, music, online gaming and horology.

Get in touch with Richard Thomas
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Angus Guyatt

Tax Director

Angus has over 15 years of tax experience and joined MHA MacIntyre Hudson in January 2013 following the merger with HMT Assurance LLP.

He joined HMT in 2007 having previously spent 7 years with KPMG in both tax and audit.

Angus has significant experience managing the tax reporting and compliance cycles of owner managed businesses, private equity backed businesses, inbound and public listed companies.

In addition, Angus advises on all corporate tax matters including transfer pricing, R&D and group restructuring.

Angus is also a school Governor and enjoys sculling at his local rowing club.
 

Get in touch with Angus Guyatt
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Patrick King

Tax Partner

Patrick is a Tax Partner and Chairman of MHA MacIntyre Hudson's Tax Steering Group as well as our national associations Tax Strategy Group, leading a team of specialists to ensure clients have access to the very best in compliance services and tax mitigation solutions. Patrick's own specialisms are capital tax planning for individuals, corporate restructuring, remuneration planning, profit extraction/repatriation and increasingly, international matters. He also advises clients on the tax implications of buying and selling their business. 

Patrick is a keen swimmer and occasional free diver,who still competes! He is an advocate of “anything worth doing, is worth doing well”.

Get in touch with Patrick King
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Chris Denning

Corporate and International Tax Partner

Chris has over 27 years of tax experience and joined MHA MacIntyre Hudson in January 2013 following the merger with HMT Assurance LLP. He joined HMT in 2008 having previously spent nearly 20 years split between PwC and latterly KPMG.

Chris has provided a comprehensive range of advice and expertise for a range of corporate clients, from entrepreneurially owned start ups to large corporate/ multinationals. This includes advising on, for example, mergers and acquisitions, group restructuring, inbound/outbound expansion, CFC’s, PE’s, shareholder planning, employee incentivisation, transfer pricing strategy and compliance and profit extraction/repatriation.

As well as extensive transactional tax expertise Chris has developed an intuitive understanding of the interaction of taxes in relation to the ongoing provision of tax advice and works very closely with his clients in order that he can proactively identify issues and opportunities for tax planning which can be aligned with commercial goals and activities.

Throughout Chris’ career, he has also developed sector experience in hospitality and real estate.

Get in touch with Chris Denning

What they say about us

The continuity with their core specialist sector team and ability to give advice across several areas of support has been key to us working together. - Feefo Holdings Ltd

What they say about us

A team who fully understood our business, our objectives and ultimately a team who we felt we could trust and enjoy working with. Excellent advice throughout the negotiations. Would not hesitate to recommend them. Neil Hollingworth - SRBE Holdings Limited