Advanced Tax Services

Tax planning

When it comes to tax and planning for it, no two situations are the same. Tax planning forms part of the wider planning exercise. With the ever-changing tax legislation, combined with the interaction of the different types of tax there are, tax planning can be a minefield. Our approach to tax planning involves detailed reviews of all the things to consider before we can come up with a strategy that is appropriate in both the short term and long term. We will keep any such strategy under review, making amendments either due to your own circumstances or the tax legislation changing.

Research and Development (R&D) tax planning

Many businesses don’t always appreciate they are actually carrying out R&D activities and therefore missing out on valuable tax relief. We can review the various activities being carried on and identify any areas where R&D may be being undertaken. If R&D activity is identified we can then prepare the appropriate information needed to make a claim for R&D tax relief, which in some circumstances can result in payable credit being received from HMRC.

Creative Industry Tax Relief Claims

With 8 different types of relief available to the Creative Industry this is another area where businesses do not always appreciate the relief may be available to them. We can carry out a review of activities being undertaken and identify opportunities to make claims, ensuring the business meets all relevant criteria and that the claims are calculated accurately.