There are two types of R&D tax relief:

Small and medium-sized enterprise (SME) R&D tax relief:

• For small to medium-sized companies with fewer than 500 staff and a turnover of under 100m euros or a balance sheet total under 86m euros

R&D expenditure credit (RDEC)

• For large companies working. However, SMEs can also apply if they have been contracted to work on R&D projects

Your work must be part of a specific project in science or technology to qualify for R&D tax relief. In addition, the project can either improve on an existing process, or develop a new one. Our team of experts can help you file your claim, so you can concentrate on what you do best; growing your company!

If your business is registered for VAT, you can claim back on almost all business costs. For example, business travel and entertainment, meals, fuel and more. Talk to us to find out how we can simplify this process for your company.

There are two types of employee share schemes:

• Share award: this involves giving employees shares. They’re treated as employment income and subject to income tax
• Share option schemes: these gives employees the option to buy shares in the company at a discounted rate

Employee share schemes are a great way of improving employee loyalty and incentivising new employees. Ultimately, the best one for your fintech depends on your company goals.

There are many factors that go into a company valuation, for example, the Price to Earnings (P/E) ratio. This calculates the profits after tax to arrive at a value figure. The process for getting the right P/E ratio can vary for each business. That is why it is important to ensure you have the experienced professionals to do this for you. The Discounted Cash Flow (DCF) takes into account factors such as financial performance and the industry as a whole for comparative analysis.

From VAT and Corporate Tax, to Transfer Pricing and Capital Gains Tax, it can be quite challenging for UK fintech companies to keep up to date with the latest tax laws and regulations. Evelyn Partners can take the weight off your business, so you can have peace of mind knowing your company’s tax obligations are being managed efficiently by the UK’s leading tax specialists.