Webinar background:
R&D tax relief provides a key source of funding for many energy businesses investing in innovation. However, with the introduction of a new merged scheme for R&D tax relief, the rules have changed and energy sector businesses need to be aware of the potential impacts. We will cover:- What’s changed under the merged scheme for R&D tax relief.
- Why commercial arrangements could impact your future claims.
- How to mitigate potential risks for your business.
Speakers:
James Dudbridge LLB
Director
James Dudbridge LLB
Director
- Leads our tax advisory practice, FB Consulting.
- Solicitor specialising in corporate and personal tax.
- Track record of success at first-tier tribunal tax chamber.
Expertise & specialisms
- Complex corporate structures, including international groups
- HMRC disputes including compliance checks and appeals
- UK tax law
James leads our tax advisory practice, FB Consulting, providing award-winning R&D tax relief expertise to businesses and accountants. This can include modelling and forecasting, risk profiling and benchmarking, and advice on compliance and methodology for large corporates.
With a legal background and extensive experience dealing with HMRC, James brings incisive insights to tax disputes, developing strategies to achieve the best possible outcome for clients. For example, he successfully led ForrestBrown's support for Quinn (London) Limited in a 2021 landmark tribunal case challenging the interpretation of subsidised R&D expenditure.
James and the FB Consulting team provide specialist advice, working alongside a company's general advisers, including due diligence relating to R&D tax relief pre and post transactions and R&D in complex, international groups.
A solicitor who specialises in tax advice for corporates and individuals, with a focus on cross-border and international issues, James trained and qualified at a top London law firm before relocating to Geneva to help set up the firm’s Swiss office. On returning to the UK James worked in the tax team of a leading Bristol and London-based law firm, before joining ForrestBrown in 2019.
James has contributed commentary on R&D tax relief and tax disputes to publications including Bloomberg Law and International Tax Review.
Jayne Stokes ACA
Associate Director
Jayne Stokes ACA
Associate Director
- ACA qualified.
- Former director at a Big Four firm.
- Advises innovative businesses on R&D tax relief and tax disputes.
Expertise & specialisms
- HMRC enquiries and tax disputes
- Accounting
- Chemistry
Jayne is an experienced chartered accountant with Big Four experience, who has worked in both the UK and Middle East. She is a senior adviser in FB Consulting, ForrestBrown's specialist tax advisory service.
Jayne joined ForrestBrown in 2020 and brings a wealth of experience in leading complex tax advisory projects, which helps her provide invaluable advice to our clients. She also plays a key role in assessing and managing tax risks and leading client relationships with HMRC.
Drawing on her science background, she takes particular interest in the pharmaceutical and medical sectors. In her role with ForrestBrown, Jayne is focused on developing our advisory services to help more businesses across the UK benefit from R&D tax relief. This includes working with clients and accountants to create robust claims and providing strategic advice or specialist support should HMRC open an enquiry.
After completing a Master's degree in Chemistry from the University of Sheffield, Jayne began her career with Deloitte in 2006. She was based in the entrepreneurial business tax practice and studied for her ACA qualification.
In 2010, she moved to Dubai to help establish Deloitte’s international tax practice for the Middle East region. She managed a diverse portfolio of clients including large multinationals, owner-managed companies and startups.
Paul Livingstone
Paul Livingstone