Italy is entering a new phase in its approach to supporting innovation and industrial investment.
For years, the tax credit system – particularly the well-known “Industry 4.0” framework – has been the primary tool to encourage businesses to invest in technology, research and development. However, from 1 January 2026, the landscape changed significantly: tax credits will gradually give way to a new hyper-amortisation regime.
At the same time, the R&D, Innovation and Design Tax Credit will remain in place, continuing to play a key role in supporting companies’ innovative activities.
So what should businesses expect? Read More
Articles
Integra International was represented by our Chief Communications Officer, Dr Vanessa Borg, at the Düsseldorf Accounting Summit on 16 and 17 September, joining an important gathering of professionals from across the international accounting and advisory community.
With an established presence across key international markets, Integra’s participation in leading industry conferences is an important part of maintaining and strengthening its profile within the global professional services sector. These platforms provide an opportunity to reinforce Integra’s position, showcase the strength and reach of its association, and highlight the value of being part of a truly international community of professionals and firms.
“Integra already has a strong international presence and reputation. Being present at key industry forums gives us the opportunity to strengthen that visibility, tell the Integra story and demonstrate the breadth, expertise and value of our association.”… Read More
Author: David Lucas Partner Bright Grahame Murray Emperor’s Gate 114a Cromwell Road Kensington, London, SW7 4AG T: +44 (0)20 7402 7444 | F: +44 (0)20 7402 8444 E: [email protected] W: www.bgm.co.uk
Edited by: Integra International Grant Gilmour, B.Sc., MBA, CA, CPA Canada, BC, CPA USA, Az, GDipICL.Sc. INTEGRA TAX WORLD NEWSLETTER EDITOR E: [email protected]
UK Tax Incentives for R&D, Innovation and Growth
The UK continues to position itself as an attractive jurisdiction for business and innovation, supported by a range of targeted tax incentives. These incentives sit alongside a main corporation tax rate of 25% (the lowest in the G7), as well as increased regulation and scrutiny driven by global alignment with OECD standards.
Approximately £12.8bn tax relief was given by UK government in 2023-24 (per the latest 2025 HMRC report) across innovation reliefs, creative sector reliefs and investment incentives.… Read More
Author: George Giannopoulos Prooptiki SA E: [email protected] W: www.prooptikisa.gr
Edited by: Integra International Grant Gilmour, B.Sc., MBA, CA, CPA Canada, BC, CPA USA, Az, GDipICL.Sc. INTEGRA TAX WORLD NEWSLETTER EDITOR E: [email protected]
Updates to R&D Tax Incentives in Greece
Greek Tax Incentives for Research and Development R&D Projects – Updates
Greece has significantly strengthened its tax incentives for Research and Development (R&D), aiming to stimulate innovation, attract investment, and align national policy with OECD best practices. Recent legislative updates—particularly Article 35 of Law 5162/2024—transform the traditional flat super‑deduction into a more dynamic, performance‑based system that rewards collaboration, sustained R&D intensity, and high‑value innovation activities. We summarize the current framework, highlights key changes, and outline the practical implications for companies undertaking R&D projects in Greece.… Read More
Author: David Borg ARQ Group / Partner – Tax & Advisory E: [email protected] P: +356 2549 6000 Office Address: Ewropa Business Centre Level 3, Suite 701 Dun Karm Street Birkirkara BKR 9034 Malta
Edited by: Integra International Grant Gilmour, B.Sc., MBA, CA, CPA Canada, BC, CPA USA, Az, GDipICL.Sc. INTEGRA TAX WORLD NEWSLETTER EDITOR E: [email protected]
Malta’s IP Box Regime and associated fiscal incentives
The principal objective of this memo is to introduce Malta’s IP Box regime. This memo shall describe the following:
What IP-related deductions or incentives are currently available under Maltese tax law? What are the eligibility criteria for these deductions? Are there any conditions we should be aware of? What are the typical structuring considerations for maximising these benefits?… Read More
On 18 June, Vanessa, Chief Communications Officer of Integra International, delivered a session for Integra International member firms titled “From Process to Impact Performance Management that Works.” The session offered a practical and energising look at how firms can turn performance management into a genuine driver of accountability, engagement, and results.
The session opened by addressing a challenge many firms quietly share. Traditional performance management often requires significant time and effort, yet does not always deliver the impact it promises. The discussion explored where the gap typically lies, from compliance-driven reviews and inconsistent ratings to feedback that arrives too late to influence behaviour or realign effort with firm priorities. Participants of Member Firms were invited to reflect on which of these patterns felt most familiar in their own organisations.… Read More
Birmingham, Mich. – Kim Beare, Firm Administrator at Fenner, Melstrom & Dooling, PLC in Birmingham, MI is the 2022 recipient of the CPA Firm Management Association’s (CPAFMA) prestigious Firm Manager of the Year Award (FMAward), which honors senior level firm managers who have significantly impacted their companies.
Selection criteria for the FMAward focus on leadership, strategic impact on the firm, and the contribution and oversight of programs that contribute to overall growth, profitability, and fostering employee-friendly company culture.
“Fenner Melstrom, & Dooling is a great company to work for. I learn a lot from my involvement with CPAFMA that I’ve been able to bring back ideas and implement to make our firm stronger.” In addition to her role as Firm Administrator, she assists the FMD partners on the Management Committee, which is responsible for strategic planning.… Read More
The original Coronavirus Aid, Relief and Economic Security Act (CARES Act) signed into law on March 27, 2020 did not allow employers to both obtain a Paycheck Protection Program (PPP) loan and claim the ERC. The Consolidated Appropriations Act, 2021 signed into law on December 27, 2020, provides an important modification to the CARES Act, now allowing eligible employers to claim the ERC available to the eligible companies in 2021. Read More
The importance of cash flow during uncertain times
As business owners navigate the challenges of the COVID-19 pandemic and its associated lockdowns, there are many strategies that should be considered to improve their cash flow situation.
At Banks Group, we have been speaking to our clients throughout the pandemic. Some are very uncertain and scared, while others are going stronger than ever. It has become very obvious to us that ‘the King’ has made a comeback, as it did during the global financial crisis: CASH is back.
Cash is the difference between money out and money inCash and headroom (ie undrawn finance balances) is critical in situations where operations and output are impacted while staff and establishment outgoings remain fixed.… Read More
According to the Law No1539-9 Ukrainian Parliament introduces tax amnesty for undeclared income and assets, which have been obtained without paying taxes before 2021. Read More
