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Industry · Life sciences

R&D-heavy, IP-driven, cross-border.

Life sciences companies combine heavy research spend, valuable intellectual property and international structures — exactly the mix that draws tax scrutiny. We help biotech, medtech and pharma businesses claim what they’re due and structure IP and funding to hold up on both sides.

At a glance

Sector snapshot

The quick read on where life-sciences businesses meet cross-border tax.

Who it’s for
Biotech, medtech and pharma businesses operating across the UK and US
What triggers tax
Research spend, IP licensing between entities, cross-border funding
Watch for
Scrutinised R&D claims, IP location, transfer pricing on licences
How we work
IP and reliefs planned together, significant calls partner-reviewed

R&D relief is valuable and closely examined

Research spend can attract meaningful UK relief and US credits, but life-sciences claims are large and heavily scrutinised — qualifying work must be identified precisely and evidenced to withstand enquiry.

Where your IP sits drives your tax

Patents, licences and know-how are the core asset. Where that IP is held, and how it’s licensed between entities, shapes the group’s tax — and gets close attention from both authorities.

Funding and structure are entangled

Grants, investment and cross-border collaboration layer onto an already complex structure. Getting the entity setup and intercompany arrangements right early avoids costly restructuring later.

Where it gets complicated

The cross-border friction in this sector

Three places research-led businesses most often trip over the two tax systems.

Common questions

What this sector asks first

Are our research costs eligible for R&D relief?

Often a substantial part is, but not automatically — the work must meet the definition of qualifying R&D. Given how closely large claims are examined, precise identification and documentation matter.

Does it matter where we hold our IP?

Yes — IP location affects where income is taxed and draws transfer-pricing scrutiny when licensed between entities. It’s a high-stakes, fact-specific decision we’d model and escalate before implementing.

Can you handle grants and cross-border collaboration?

We can advise on the tax and structuring around them. Funding, collaboration and IP interact, so we look at them together rather than in isolation — and flag anything needing partner or legal input.

Research-led and crossing borders?

A free consultation, no obligation. Tell us about your research, IP and structure and we’ll map the priorities — with a fixed price before any work begins.