The UK has a thriving technology sector that attracts investment from all over the world and, despite recent challenges, the UK tech economy continues to thrive as a source of global innovation – a European Silicon Valley
Technology
Whether you are a scaling-up technology company considering your next round of funding, or an established international business looking for support either in the UK or globally, our experienced team is here to help
Regardless of where you are on your growth journey, we work with the full range of technology companies, from start-ups to established internationals. We also understand the challenges of raising money having worked with clients to manage immediate cash-flow issues as well as developing their growth plans.
Tech companies face specific tax risks and opportunities. We can provide support for these businesses through efficient tax strategies and compliance. With access to our global network of industry specialists we can also continue to support you as you expand internationally.
Our support covers a range of services, drawing upon a team with a great depth of experience.
How we can help you
Tax structuring
We can advise you on structuring investment so that relevant reliefs, such as the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS), are taken advantage of. We can also prepare the subsequent filings
Incentive planning
Our tax team can work with you on management incentive schemes, including valuations for HM Revenue & Customs (HMRC), advice on the tax consequences of different structures, and share option reporting
R&D claims
We work with our clients to identify relevant research and development (R&D) expenditure and prepare claims for tax credits to submit to HMRC
Transaction services
We help our clients identify and navigate financial and taxation matters when undertaking a significant transaction, such as pre-sale planning, financial due diligence, post-sale integration and beyond. Find out more regarding our pragmatic, common-sense approach to business Transaction Services
Outsourced accounting
Outsourced accounting: Our in-house management accounts team can carry out monthly book-keeping services, payroll, VAT returns and a range of other support services to help with your ongoing compliance and deliver effective management information
Through our association with Allinial Global, our team can help you as you expand overseas or move into the UK
Year-end compliance and audit
Our teams prepare year-end financial statements and Corporation Tax returns
We are one of the leading UK auditors in the sector. For international groups, we can provide support and guidance in the UK and beyond
Global mobility and employment taxes
We support you in getting the best from your global talent by helping you navigate the people-related tax and social security considerations that arise from having a cross-border workforce
Whether you have remote workers, business travellers or longer term assignments, we’ll work with you to get your employer obligations right (payroll, equity and year end reporting), support your employees with their tax filing requirements, and advise on mobility processes, policies and reward
VAT advisory services
With technology developing considerably faster than tax legislation, many VAT concepts are simply outdated which can make it difficult to apply the correct VAT treatment. Our VAT specialists can help you becoming comfortable with your VAT position and minimise your VAT exposure
We are also advising fintech businesses on their partial exemption calculation to optimise input tax recovery
Would you like to know more?
If you would like to discuss any of the above in more detail, please contact one of the team below, or through your usual Blick Rothenberg contact.