Limited Companies who invest in the research and development of new products, processes, systems or services are eligible to claim Corporation Tax relief, introduced by the Government in 2000. Find out more by clicking the heading.
UK tax payers who own or are purchasing / selling commercial properties can claim Capital Allowances in respect of ‘fixtures’, or integral features of a property, to reduce current and future tax liabilities.
What is Patent Box?
Another Corporation Tax relief that enables companies to apply a lower rate of CT to profits derived from patented innovations. This can be quite complex, click the heading to find out more.
“We have always found lan and Vicki to be very knowledgeable and highly proficient professionals; they are very proactive and helpful, highly credible and totally objective.”
“We were delighted with the ease of the process, the professionalism, the speed at which HMRC settled the claim, and the cash benefit we received… we would recommend Luvo Financial to any businesses looking to prepare R&D Claims.”
I would like to thank Luvo for the excellent service provided to our company.
Despite the impedements of having to work with a very limited time frame imposed upon them, and our company’s lack of experience with these particular set of duties, Vicki expertly guided us through the process, explaining the necessity of each of the aspects within our task and providing us with the knowledge of how to adopt these requirements into our business practices.
All work produced by Luvo was carried out exceedingly promptly and with the attention to technical detail that suggest authority within their discipline.