IP Tax Solutions
IP tax

We spoke with; Steve Livingston, Managing Director.

Continuing with our work to demystify the work that goes on at M-SParc, we sat down to speak with Steve from IP Tax Solutions, to discuss his business and the economic impact he’s creating.

Steve is originally from Anglesey, North Wales, and he set out to build a niche firm that would offer the tax advisory expertise of a large national firm, but with the friendly and ‘unstuffy’ approach of a small firm. The intention was always to be located in Wales, but to serve companies of all sizes across the whole of the UK.
IP Tax Solutions believes that entrepreneurs who are investing in making new or improved products or services deserve expert tax support and advice, and they help identify and maximise tax incentives that are there to release more cash into their business to help them grow. Focusing primarily on R&D Tax Credits for those businesses that are developing new or improved products or services, they also offer advice and support in relation to the Patent Box incentive for UK companies holding qualifying patents. IP Tax Solutions thrives on helping ambitious SME companies grow. Because they can work virtually, IP Tax Solutions has clients all over the UK.

In terms of innovation and economic impact, IP Tax Solutions are ahead of the game. Since 2013, IP Tax Solutions has helped put over £6M back into SMEs including over £1m in North Wales, helping them reinvest into new jobs and growing the economy.

Stev IP Tax

Benefits of M-SParc
Wanting to be based in Wales, M-SParc was an obvious choice for Steve. He said “Finding the right premises that matched our focus on innovation and growth was important for us. We feel really fortunate that a site of the calibre of M-SParc landed practically on our doorstep and so it was an obvious choice. We have welcomed clients from Manchester and London to our offices here and they have been really impressed”

What’s next?
Looking forward, IP Tax Solutions hopes to continue to grow and help more companies across North Wales and beyond, access much needed funding via Government tax incentives whilst building an enthusiastic team to provide this much needed support.

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