Many owner managers fail to realise that their investment projects and intellectual property could qualify for various tax reliefs. This presentation examines some of these, the rules, how they work and why they can save significant sums of money for some organisations.

1. Christina Nawrocki
@WellersSME
#BusinessOxygen
The business tax reliefs
you need to explore

2. Enterprise Investment Scheme (EIS) &
Seed Enterprise Investment Scheme (SEIS)
Research & Development Relief
Patent Box
Enterprise Management Incentive (EMI)

3. Enterprise
Investment Scheme
(EIS)
Seed Enterprise
Investment Scheme
(SEIS)

4. 30% 50%
0% 50%
100% 100%
100% 100%
100% 100%
Income Tax relief
CGT reinvestment
CGT exemption
IHT relief
Loss relief
EIS SEIS

5. • Holding < 30%
• Directors
• Connections
• Shares issued before payment
• Conversion of loans
Rules to be aware of

6. Research &
development tax
credits (SME’s)
• R&D Corporation
tax relief
• R&D tax credit

7. Achieving an advance in knowledge in
What is Research & Development?
science/technology that
helps resolve scientific or technological uncertainties.

8. Ask yourself…

9. What costs are eligible?
• Staff
• Travel
• Software
• Clinical trials
• Consumables
• Subcontractors
• Prototypes

10. 230%!

11. Claims
• Cosmetic company
• Scientific spin out
• Motorsport
• Economic modelling
• Cloud software
• Event management
• Architect
• Media & marketing
• Photographic
• Hospitality

12. Patent Box

13. Patent Box Relief
• Phased introduction
April 2013 – April 2017
(60%) (100%)
• July 2016
• Spring Budget 2017




14. Future of patent box?

15. Enterprise Management
Incentives

16. Share options
Business owner Employee

17. Unlock
these tax
gems

18. Christina Nawrocki
@WellersSME
#BusinessOxygen
www.wellersaccountants.co.uk