Capital Allowances tax relief is a way to claim tax back for all of the embedded items within your commercial property. Ryan are experts at uncovering all claimable items to secure you the biggest claim possible. Just a few examples of commercial properties that could be eligible:
Capital Allowances Tax Relief
Are you a commercial property owner?
Are you a UK taxpayer?
Then it’s highly likely you are eligible for tax relief.
This includes items such as lighting, heating, cables and pipes. In fact, it
covers most things that would stay in the building if you turned it upside down and shook it.
Knowing what does and doesn’t qualify can be tricky as tax law is complicated.
Capital Allowances tax relief is a way to claim tax back for all of the embedded items within your commercial property.
Ryan are experts at uncovering all claimable items to secure you the biggest claim possible.
Just a few examples of commercial properties that could be eligible:
Research & Development Tax Relief
There’s money hiding in the work that you do and the money you get back could help fund your next project.
You would be surprised at what qualifies for Research & Development (R&D) tax relief. It’s not just about people in white lab coats. R&D tax relief is the government’s way of rewarding companies that are developing new, or improving existing products, processes, services, devices and materials or advancing the state of knowledge in their sector.
It’s well worth investigating, in some cases the tax relief itself could represent as much as 33% return on investment for the R&D project.
R&D tax legislation is complicated, but the team at Ryan are experts and will do all the hard work for you. Looking at every aspect of your business and identify all qualifying activity.
Remediation of Contaminated Land
There’s money hiding in the work you do on your land and property.
Remediation of Contaminated Land (RoCL) tax relief is a government incentive designed to help companies bring derelict brownfield sites back into use and to remove contaminants from land and property acquired to uncover their full potential.
Commonly, this involves treating or removing contaminants in land and property to prevent harm to animals, humans and the property itself.
The relief allows an additional deduction for Corporation Tax purposes which can take the form of a cash receipt for lossmaking companies. The qualifying costs associated with these activities are then enhanced to provide the company with an additional tax relief.
Qualifying RoCL activities would include the removal of asbestos, the removal or treatment of Japanese Knotweed, the treatment of gasses and chemicals within the land following a survey, the removal of underground contaminated tanks and the removal of concrete foundations, pillars and bases to bring long-term derelict land back into use.
The Patent Box
Are you a limited company?
Do you have an existing patent or are you considering apply for one?
Then keep reading as you could be eligible.
The Patent Box tax relief is the government’s way of rewarding companies that are driving innovation. The aim is to encourage the development of new patented inventions in the UK.
If your company is making a profit on your patented inventions, you will be eligible for a lower effective corporation tax rate of 10% on your relevant profits. This will save your company money and allow you to invest in future innovation.
The Patent Box regime applies to all patents granted in the UK and European Patent Offices. The regime is optional, a company can claim the lower effective tax rate benefit if they have opted in and meet the relevant criteria.
Assisting businesses to identify, apply and manage grant funding projects.
Any business investing time and resources into innovative research & development in the UK has the ability to access various funding options.
You would be surprised at the extensive range of industries and activities grants apply to, you can see examples of just a few of the possibilities to your right.
Ryan offers specialised services, working with you to identify the areas of your business that could qualify for grant funding, and sourcing grants you are eligible to apply for.
Their services can be broken down into the following areas:
• Grant sourcing & identifying
• Bid writing
• Project management
Start your claim now
Starting your claim is simple and risk-free – just pick up the phone and talk to one of the dedicated Ryan Account Managers. They’ll take a few basic details which will allow them to make an initial assessment of your claim.
If they can’t find a significant refund, they’ll let you know, and that’s that – no fee, just a few minutes spent on the phone.
There are no complicated forms to fill out or legal language to understand. The experts then compile the simple, jargon-free report, working closely with you and your accountant.