title
title

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

Your Name*:

Your Company Name:

Your Email*:

Your Telephone:

Message*:

 

Enquire now

Meet the team

Photo of Angus Guyatt

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
Photo of Francis Hudson

Francis Hudson

Tax Director

Francis joined MHA MacIntyre Hudson as Tax Director in June 2018 bringing with him over 20 years of knowledge and experience of advising clients on a wide range of UK tax matters.

Having graduated from Cambridge University, Francis qualified at a Berkshire based firm before gaining experience at top six accountancy firms. His clients have varied in size from sole traders up to global corporations, with a special interest in corporate transactions and property matters. He uses his knowledge as both a Chartered Accountant and Chartered Tax Adviser to give his clients clear advice that meets their needs.

Francis is married to a Chartered Accountant and their young family ensures that there is never a dull moment outside of office hours.

Get in touch with Francis Hudson
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
Photo of Glen Thomas

Glen Thomas

Partner

Glen is an experienced tax professional and has been providing his clients with a broad range of advisory services for 20 years. He has advised on clients of all sizes from owner managed businesses to international groups. His expertise centres on corporation tax and all matters that affect entrepreneurial owner managed businesses.  He also advises on issues concerning tax aspects of mergers and acquisitions.

Glen also advises non domiciled individuals with regard to their UK tax affairs and regularly provides advice to non UK resident trusts concerning the UK tax implications of providing benefits to UK resident beneficiaries as well as holding UK assets.  Much of this work has involved planning to remove residential property from corporate structures after the introduction of the Annual Tax on Enveloped Dwellings (ATED).

His sector specialisms include property, manufacturing and technology, and retail.  He is of the view that most companies are missing the opportunity to claim the enhanced tax reliefs available for Research and Development activities without even knowing it.

Outside of work Glen enjoys spending time with his 2 boys who are beginning to share his enjoyment of sport.

Get in touch with Glen Thomas

What they say about us

With MHA MacIntyre Hudson’s support, our business has been very successful since we started three years ago. Simon Burke - Dalbergia Group

What they say about us

SilverLining UK very highly recommends MHA MacIntyre Hudson for all your company’s financial accounting needs.Our corporation has worked with MHA MacIntyre Hudson for the last 4 years. They are truly the best at what they do.They continually provide timely and excellent service and go ‘above and beyond' for their client. Their knowledge, communication skills and professional qualifications are of the highest quality and standards. SilverLining UK - Construction Sector