Tax planning

As well as the issues which affect other companies, there are three key tax issues which may be of particular interest to companies in the technology sector:

Research and Development Tax Credits

Are you eligible to make a claim for R&D tax credits? Our experienced advisers will help you confirm this. Assuming you are eligible, the Ensors team will then complete all the necessary paperwork on your behalf. What’s more, they have an in-depth insight into the workings of HMRC. Therefore, your claim will be presented in a way which will ensure it is processed as quickly and efficiently as possible.

Enterprise Management Incentives

Highly skilled staff are a major asset for most companies in the technology sector. Hence the proliferation of Share Option schemes, which help not only to attract talented individuals, but also to promote loyalty. However, it’s important to consider the tax implications, both for employer and employee. That’s where the tax team at Ensors can help, with expert advice and assistance in creating appropriate incentives.

Enterprise Investment Relief

With promise of major growth and good returns, many businesses in the technology sector attract outside investors to help fund capital investment and operating costs. The Ensors team can advise such investors on their eligibility for tax relief on the capital they invest.