A guide to the UK Patent Box regime

Written by Tax Partner, Fiona Cross In an era where innovation drives economic growth, the UK government offers powerful incentives to encourage businesses to develop and commercialise intellectual property (IP) domestically. One such incentive is the Patent Box regime, which allows qualifying companies to benefit from a reduced Corporation Tax rate on profits derived from […]

Proposed changes to UK Transfer Pricing scope and documentation: insights from HMRC’s April 2025 consultation

Written by Tax Partner, Fiona Cross On 28th April 2025, HM Revenue & Customs (HMRC) published a consultation document titled “Transfer Pricing – Scope and Documentation,” outlining significant reforms to the UK’s transfer pricing regime. Running until 7th July 2025, the consultation proposes changes to better safeguard the UK tax base while reducing administrative burdens. […]