Outlook good for UK tech firms, who still envy US

Posted by AccountingWEB PM | on Sun, 25/12/2005 - 01:01 673 1 comment

Even though UK technology companies are responding well to the economic conditions and government support for their industry, nearly two-thirds of them think they would be more successful if they were based in the USA.

The industry's ambivalence was highlighted by the 2004 Grant Thornton Technology Survey, which contacted 200 "mid-corporate" technology companies in the US and the UK.

British companies were less positive about their

Continued...

IR35/S660A

oldersimon | Thu, 30/09/2004 - 15:06 | Permalink

Why does the editorial comment on technology startups refer to these things ? While they are a pain, one refers only to personal service companies working for clients and S.660A only affects people who are taking a route to reduce their tax bills (a legitimate route, in my view, but far from inevitable !). A real technlogy start up company developing things for itself is not likely to be affected - the problems with actually getting R&D Tax Credits are much more to the point.