For Accountants

R&D tax and patent box claims - Luvo provides claims support for accountants, helping you to strengthen your client relationships

Luvo Financial provides support for accountants making R&D tax claims and patent box claims. Our two partners, Vicki and Ian, are both experienced and qualified accountants, who have worked on both sides of the fence in the not too distant past, both in practice and in senior roles on the client-side of the industry. Luvo appreciates that practicing accountants have hundreds of things that they advise clients on, and recognise that they realistically cannot be experts in each and every one of these areas.

R&D Tax Credits and Patent Box claims are niche areas, and our firmly held belief is that astute accountants who don’t already employ in-house specialists within their tax departments should utilise the experience of a professional, independent specialist to support in this area.

For accountants

We get a significant proportion of the work that we undertake via referrals from accountants. Accountants refer or introduce us to their clients (as tax relief specialists) and we keep them fully informed throughout the process of the progress of the claim. 

We prepare and provide the necessary information and the claim is submitted by the accountant. If necessary, we are happy to show accountants which boxes to complete, when making a claim for the first time.

Having worked with accountants in this way from the get go, we have seen a number of accountants lose clients due to someone else informing them that they are eligible to utilise tax relief schemes, supporting them successfully in doing so, then persuading them to hand over the rest of the accountancy and audit work for good measure – something that most accountants will likely be very keen to avoid.

Luvo has a 100% success rate when supporting accountants and their clients in making a claim. That is simply because our process works. Our primary focus on these three specialist areas of tax relief ensures your client is receiving the best possible service, having claims prepared by entirely independent and specialist individuals. 

We do not offer any other accountancy services, nor do we wish to ‘take on’ your client in respect of accountancy or audit. We aim to ‘bridge the gap’, work with you and your client and in turn offer services that compliment your work with the client. Ultimately, we want to ensure that the client doesn’t miss out on significant tax savings.