Research and Development (R&D) in the UK

Research and Development (R&D) in the UK The UK is home to world-class research and development (R&D) facilities and institutions that are engaged in cutting-edge research in a range of fields, from technology and science to engineering and medicine. The government invests heavily in R&D every year, with a particular focus on innovation and the…

The importance of Corporate Economic Substance

The issue of corporate economic substance is high on the agenda of tax authorities globally, following recent developments to improve fairness and cooperation in international tax. Following requests from the EU’s Code of Conduct Group (Business Taxation), the ‘Crown dependencies’ have agreed to introduce legislation that will require resident companies carrying on certain specified activities…