R&D tax relief changes
Read our article detailing the latest updates to R&D tax reliefs in the UK, as well as an overview of previously announced changes.
Gemma Thake Author Bio
Gemma’s Professional Experience
Gemma is a Chartered Accountant (FCA) and Chartered Tax Adviser (CTA) specialising in corporate tax. Before joining Price Bailey in 2017 as a Tax Manager, Gemma worked for Deloitte where she began her career as a graduate in Audit, before progressing to specialise in tax at PEM in Cambridge. With nearly 20 years of industry experience, Gemma has progressed from Manager to Senior Manager and Director within just 4 years at Price Bailey. In April 2023, Gemma was appointed as a Tax Partner.
Gemma’s specialisms lie in R&D and Patent Box claims, and she is a member of HMRC’s R&D Communication Forum. Within the Tax team at Price Bailey, Gemma predominantly advises companies and charities on corporate reorganisations, share sales and acquisitions, succession planning and property transactions, as well as ad hoc tax queries.
Alongside her involvement in Price Bailey’s Charity Committee and supporting our Charity of the Year, Samaritans, Gemma is also a Trustee and Director of Power2Inspire, a charity which encourages inclusion through sport. More about Gemma.
Content topics
Gemma has been invaluable in producing articles for the Price Bailey website, particularly advising on R&D tax relief; including legislation changes, practical considerations for companies making an R&D claim and HMRC enquiries. Gemma has also contributed articles on Gift Aid repayment claims for charities, the Patent Box regime and tax obligations for large companies.
Publications, Coverage and speaker events
In February 2022, Gemma was featured in Tax Adviser magazine as a CIOT member discussing her career, qualifications and advice for others considering the CTA qualification. Gemma has also commented on capital allowances which featured in the Cambridge Independent in 2021.
In November 2022, Gemma contributed to Price Bailey’s round table speaker events with clients and referrers to share her expertise on ESG. She is also involved in a series of pre-election seminars aimed at independent schools to be held across the country in March 2024.
Qualifications
- FCA
- CTA
Featured in
We can help
Contact us today to find out more about how we can help you
Articles by Gemma
Understanding HMRC’s Latest R&D Tax Credit Statistics
Summarising key points from HMRC's statistics regarding the number of companies claiming R&D tax credits its associated cost to the Exchequer
HMRC's response to R&D Tax Credit Fraud and Error
R&D tax credit fraud was identified as a major concern for HMRC as the figures for fraud and error have risen to £1.13 billion in 2020-21. Read our article discussing how HMRC are implementing changes to combat the issue.