There’s money hiding in the work you do

Updated on Monday 10 May 2021, 4:18 PM

2 Minute Read

Research & Development (R&D) tax relief is the government’s way of rewarding businesses that invest in innovation. This innovation can be in the form of developing new or improving existing
products, processes, services, devices and materials or advancing the state of knowledge in their sector.

Catax are market leaders and specialists in R&D tax credits, we work closely with you to ensure you receive the maximum entitlement through R&D tax relief.

R&D qualifying activities include:

  • Software Development
  • Automation
  • Failed & Successful Projects
  • Development of Innovative Recipes
  • Development of Innovative Formulas
  • Development of New materials
  • Improved Processes
  • Development of New & Improved Products
  • Development of Environmental Products

Plus many more…

What is the Patent Box?

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 a company is making a profit on its patented inventions, they will be eligible for a lower effective corporation tax rate of 10% on the relevant profits. This will save the company money and allow for future investments in innovation.

Remediation of Contaminated Land

Remediation of Contaminated Land (RoCL) tax relief is a government incentive to help companies bring derelict brownfield sites back into use and to treat or remove 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 loss-making companies.
The qualifying costs associated with these activities are then enhanced to provide the company with an additional tax relief.

There’s hidden money in your commercial property

Capital Allowances tax relief is a way to claim tax back for all of the embedded items within your commercial property. 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.

Catax are market leaders in Capital Allowances tax relief, we are experts at uncovering all claimable items to secure you the biggest claim possible.

 

Catax is a proud member of the FactoryNOW initiative

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