Business tax reliefs
If your company is developing something new, or investing in equipment, vehicles or property, there may be tax reliefs available. We'll help you understand whether you qualify and make sure any claim stands up.
R&D, for tax purposes, means work that tries to make an advance in science or technology by solving uncertainties that a competent professional couldn't easily resolve. It's often broader than people expect, but narrower than some adverts suggest.
Working out the qualifying costs, preparing the technical explanation HMRC needs, and filing it with your company tax return.
The rules changed in recent years, including a merged scheme for most companies from April 2024 and new forms HMRC requires before and with a claim. We'll make sure nothing is missed.
Making sure your business gets the right allowances when it invests in plant, machinery and business vehicles.
Claiming allowances on qualifying fixtures within commercial property you buy, build or fit out.
Checking whether allowances have been missed in earlier years.
Tell us what your company does and what you're looking at: R&D, capital allowances, or both.
Paul looks at whether you're likely to qualify and what a claim would involve.
We handle the claim ourselves, or introduce you to a trusted specialist where that's the better option for you.
We may introduce some enquiries to partner firms and may receive a fee for doing so. We'll always tell you before we pass on your details.
It can, if it's trying to resolve genuine technological uncertainty, rather than building something with existing, well-known methods. We'll help you work out which projects might qualify.
Loss-making companies can still benefit in some cases. How depends on your circumstances and the current rules, so we'll check.
No. R&D tax relief is only for limited companies. Sole traders and partnerships can still claim capital allowances on qualifying spending.
They're how businesses get tax relief on certain things they buy and keep using in the business, like equipment, machinery, vans and some fixtures in buildings.
Yes. If you're unsure about a previous claim, it's worth getting a second opinion, especially if HMRC has been in touch.
Tell us a little about your company and we'll give you an honest first view.