Research and Development
R&D tax credits are a tax relief designed to encourage greater R&D spending, leading in turn to greater investment in innovation.
R&D Tax Relief is a valuable government tax initiative set up in 2000 to reward UK companies that spend time and money on research and development in to order to develop new products, processes, materials, devices or services; or enhancing existing ones within their industry sector.
Fixed Asset Analysis
A capital allowance is the sum of money a UK business can deduct from the overall corporate or income tax on its profits. These sums derive from certain purchases or investments, outlined in the Capital Allowances Act 2001. Only some of qualifying items we look for can be found within a Fixed Asset Register. We have the expertise to analyse the Fixed Asset Register and identify additional items held within the commercial property since purchase.
If a survey has not been completed by a capital allowance surveyor, we can help identify the hidden tax benefit held within your commercial property.
Derelict or contaminated land can pose a dilemma to developers and investors alike as the cost of regenerating it can turn a financially viable project into an enviable one.
However, savings are available from the Government keen to encourage the redevelopment of contaminated sites.