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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 Claire Underhill

Claire Underhill

Business Services Manager

Claire joined MHA MacIntyre Hudson in December 2018 following a merger of her previous firm, which was a Kent based practice of a top 15 firm of accountants.

She has over 20 years’ experience within the accounting industry, predominately working with SMEs. Claire has joined the firm as a Business Service Manager assisting clients with the preparation and review of Financial Statements, Corporation Tax, VAT and payroll.

Additionally, Claire has helped setup and implement internal systems to assist in the financial processes and the overall internal functions of the business to improve efficiency, both within her own firm and on behalf of clients.

In her spare time Claire enjoys spending time with her family and friends and is a member of her local netball team.

Get in touch with Claire Underhill
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Chris Danes

Tax Partner

Chris has been in the Baker Tilly family his entire career, working in the UK for ten years then moving to Baker Tilly International for many years. In 2019, Chris became a Tax Partner with MHA MacIntyre Hudson – the UK member firm of Baker Tilly International.

Chris uses his deep knowledge of the Baker Tilly International network and relationships with the trusted colleagues in circa 150 countries within the Baker Tilly International Network to support his Large Corporate Clients with their Global Tax needs. Chris’s clients include numerous household names and Fortune 500 companies.

Get in touch with Chris Danes
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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
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Alison Conley

Head of Retail & Consumer, Corporate and International Tax Partner

Alison was appointed as one of our Tax Partner's in the summer of 2016 and advises clients of both the London City office and Chelmsford.

After training with a big four firm of accountants, Alison specialised in international tax before being made a partner with BDO, going on to lead its Southern region tax team. She returned to the big four as a partner before becoming a director of a specialist tax and business advisory firm focussing on entrepreneurial clients. 

Over her career, Alison has advised corporate clients of all sizes across many business sectors, but she has particularly strong experience in the retail space. 

Alison has also been involved in multiple transactions and deals, where her focus is on ensuring that the tax strategy matches the needs of the company and its shareholders. 

Alison works closely with the corporate finance teams, and with international clients requiring cross-border tax advice. 

Get in touch with Alison Conley

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

My favourite benefit of working with MHA MacIntyre Hudson is having access to a huge network of knowledge but still having the direct personal feel when dealing with the local office team. Callum Bates -
Business Owner