Innovation incentives & capital allowances
The UK tax code includes valuable incentives to encourage investment in innovation activities and capital expenditure.
We assist our clients in making technically robust claims to research & development tax credits and analysing clients’ intellectual property to produce patent box claims which results in an effective tax rate of 10% on patent box profits.
The UK has a generous capital allowances regime which can materially impact the after-tax costs of capital expenditure. We undertake reviews of clients’ capital expenditure projects to assist them in making compliant claims to capital allowances.
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Kevin Hindley
London
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Warren Howells
London