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Land Remediation (Contaminated Land) Tax Relief FAQ's Q13
Can land remediation tax relief be claimed for expenditure incurred before the company was incorporated?

No, land remediation tax relief can only be claimed for expenditure incurred after the company was incorporated. The relief is only available to companies that are liable for corporation tax in the UK, and therefore cannot be claimed for expenditure incurred before the company was established.

However, if the company was formed as a result of a transfer of an existing business, it may be possible to claim relief for qualifying expenditure incurred by the previous owner of the business, provided that the company has taken over the obligations related to the remediation work.




Claiming Land Remediation (Contaminated Land) Tax Relief is complex, so it's important for companies to seek professional advice.

If you have specific Land Remediation Tax Relief related questions or would like to know if your business, projects and expenditure are eligible, please contact sending a message to [email protected] or give our office a call at 01603 363884

R&D Tax Relief in the UK
Is your Industry, Company & Project eligible?



Post 16 of 42: Entertainment Industry
Interested to know what kind of projects/work is eligible for R&D Tax Relief in the definition of R&D for tax purposes?

Here 's a selection of 20 examples of eligible R&D tax relief activities in the Entertainment Industry:
1. Development of new visual effects technologies for film and TV production
2. Creation of new audio processing software for music production
3. Development of new virtual reality experiences for entertainment venues
4. Design and development of new ride systems for theme parks
5. Creation of new lighting or sound systems for live performances
6. Development of new animation techniques for films or TV shows
7. Creation of new interactive exhibits for museums or science centres
8. Development of new mobile applications for games or entertainment
9. Creation of new algorithms for improving game mechanics or artificial intelligence
10. Development of new software for managing production workflows
11. Creation of new technologies for enhancing live performances with special effects
12. Development of new sound design techniques for immersive theatre experiences
13. Creation of new approaches for optimising sound quality in movie theatres
14. Development of new technologies for enhancing audience engagement during live events
15. Creation of new approaches for enhancing user experience in video games
16. Development of new systems for managing intellectual property in the entertainment industry
17. Creation of new technologies for enhancing accessibility to entertainment content
18. Development of new techniques for creating lifelike animatronics for theme parks or film production
19. Creation of new technologies for enhancing safety in amusement parks or other entertainment venues
20. Development of new approaches for creating realistic environments in virtual reality experiences

Is this your company's industry? If that's the case, are any or several of the examples above similar to work your company has done and invested money in? If so, your company could be eligible for substantial R&D tax relief. Moreover, if you have never claimed, we may even be able to help you claim for two ended tax years.

Contact us for a 10-minute call, and we will tell you if you are eligible for R&D Tax Relief and how much we can potentially claim for you.

R&D Tax Relief UK Post 1 of 10
What is R&D Tax Relief?

R&D tax relief is a government incentive designed to encourage and reward UK companies that undertake research and development activities. The relief allows companies to reduce their tax bill by claiming a portion of their R&D expenditure as tax credits. The aim of the relief is to incentivise innovation and increase investment in R&D activities in the UK.




Claiming R&D Tax Relief is complex, so it's important for companies to seek professional advice.

If you have any R&D Tax Relief related questions, please feel free to contact us at any time. You can reach our office by calling 01603 363884, email [email protected] or book an appointment at https://bit.ly/3ZuUU1q

Patent Box Tax Relief UK FAQ's Q27/30 What happens if the UK's Patent Box regime is found to be in breach of international tax rules?

If the UK's Patent Box regime is found to be in breach of international tax rules, it may be subject to challenge by other countries or international bodies, such as the Organisation for Economic Co-operation and Development (OECD). The OECD has developed guidelines and recommendations for countries to prevent harmful tax practices, including the use of preferential tax regimes like the Patent Box.

If the UK's Patent Box regime is found to be in breach of the OECD guidelines or other international tax rules, the UK government may be required to make changes to the regime to bring it into compliance. This could include changes to the rules and requirements for claiming the Patent Box tax relief, or the elimination of the regime altogether.

Companies that are claiming the Patent Box tax relief should be aware of the potential risks and uncertainties associated with the regime, and should seek professional advice to ensure they are complying with all relevant rules and requirements.



Claiming Patent Box Tax Relief is complex, so it's important for companies to seek professional advice.

If you have any Patent Box or R&D Tax Relief related questions, please feel free to contact us at any time. You can reach our office by calling 01603 363884, email [email protected] or book an appointment at https://bit.ly/3ZuUU1q

R&D Tax Relief UK FAQ's Q5/30
Can I claim R&D tax relief if I am making a loss?

Yes, if you are an eligible company conducting qualifying R&D activities and making a loss, you may be able to claim R&D tax relief in the form of a cash payment. This is available to small and medium-sized enterprises (SMEs) who are eligible for the SME R&D tax credit.

The cash payment is calculated as a percentage of the company's eligible R&D expenditure, and can be claimed even if the company has no corporation tax liability. The amount of the cash payment is currently set at 14.5% of the SME's surrenderable loss. If you are a large company, you can only claim R&D tax relief as a deduction against your corporation tax liability, so you cannot receive a cash payment.




Claiming R&D Tax Relief is complex, so it's important for companies to seek professional advice.

If you have any R&D Tax Relief related questions, please feel free to contact us at any time. You can reach our office by calling 01603 363884, email [email protected] or book an appointment at https://bit.ly/3ZuUU1q

Land Remediation (Contaminated Land) Tax Relief FAQ's Q12
Can land remediation tax relief be claimed for capital expenditure?

Yes, land remediation tax relief can be claimed for capital expenditure, such as the purchase of equipment used for the remediation work.

However, the relief is only available on the portion of the expenditure that is directly related to the remediation work, and not on any portion of the expenditure that is unrelated to the remediation. The company must also be able to demonstrate that the equipment is necessary for the remediation work and that it is not being used for any other purposes.

The cost of the equipment can be claimed as part of the total expenditure on remediation work, and the company can then claim tax relief on 150% of the total amount of qualifying expenditure, including the capital expenditure.




Claiming Land Remediation (Contaminated Land) Tax Relief is complex, so it's important for companies to seek professional advice.

If you have specific Land Remediation Tax Relief related questions or would like to know if your business, projects and expenditure are eligible, please contact sending a message to [email protected] or give our office a call at 01603 363884

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Post 5 of 10
"The Impact of Brexit on R&D Tax Relief in the UK"
This article will explore the impact of Brexit on R&D Tax Relief in the UK. It will discuss any changes to eligibility criteria, tax relief rates, or other aspects of the scheme resulting from Brexit, and offer advice on how businesses can navigate any changes.

The UK's departure from the European Union (EU) has had an impact on a wide range of areas, including R&D Tax Relief. Here's what businesses need to know about the impact of Brexit on the scheme:

1. Eligibility Criteria
Brexit has not led to any significant changes to the eligibility criteria for R&D Tax Relief. Businesses must still be engaged in qualifying R&D activities and meet other criteria, such as being a UK-based company.

2. Tax Relief Rates
The tax relief rates for R&D Tax Relief have not changed as a result of Brexit. Businesses can still claim up to 33% of their R&D expenditure back as a tax credit.

3. Access to EU Funding
One potential impact of Brexit on R&D Tax Relief is that businesses may have reduced access to EU funding for R&D activities. However, the UK government has committed to providing additional funding to support R&D activities, which may help to offset any loss of EU funding.

4. Regulatory Changes
Brexit has led to some changes in regulations and standards that may impact R&D activities. For example, the UK may no longer be able to participate in certain EU research programs or initiatives. Businesses should stay informed about any regulatory changes that may impact their R&D activities and adjust their strategies accordingly.

5. Advice for Businesses
To navigate any changes resulting from Brexit, businesses should stay up-to-date with the latest guidance and advice from the government and other trusted sources. They should also consider working with a specialist R&D Tax Relief provider, who can offer expert advice and support in navigating the scheme.

In conclusion, while Brexit has led to some changes and uncertainty for businesses in the UK, the impact on R&D Tax Relief has been relatively limited. Eligibility criteria and tax relief rates have remained the same, and the government has committed to providing additional funding to support R&D activities. By staying informed and working with a specialist R&D Tax Relief provider, businesses can continue to benefit from the scheme and support their growth and innovation.

Patent Box Tax Relief UK FAQ's Q26/30 How does Brexit affect the Patent Box regime?

Brexit has not affected the Patent Box regime in the UK. The regime is a UK tax incentive and is not related to the UK's membership in the European Union (EU). The UK government has confirmed that the Patent Box regime will continue to be available to qualifying companies after Brexit.

However, companies should be aware that the rules and requirements for claiming the Patent Box tax relief may be subject to change in the future. The UK government may amend the rules and requirements for claiming the tax relief as part of its ongoing tax policy and economic considerations. Companies should stay up to date with any changes to the rules and requirements for claiming the Patent Box tax relief and seek professional advice to ensure they are complying with the latest requirements.



Claiming Patent Box Tax Relief is complex, so it's important for companies to seek professional advice.

If you have any Patent Box or R&D Tax Relief related questions, please feel free to contact us at any time. You can reach our office by calling 01603 363884, email [email protected] or book an appointment at https://bit.ly/3ZuUU1q

Land Remediation (Contaminated Land) Tax Relief FAQ's Q11
Can land remediation tax relief be claimed for work carried out by subcontractors?

Yes, land remediation tax relief can be claimed for work carried out by subcontractors, provided the subcontractor is not connected to the company. If the subcontractor is connected to the company, such as a subsidiary or a company in which the company holds a significant interest, the expenses incurred will not qualify for the relief.

It's important to note that the company must still have control over the remediation work and be able to demonstrate that it has incurred the expenses related to the work, even if it has subcontracted the work to a third party. The company must also ensure that the subcontractor has not already claimed the relief for the same work.




Claiming Land Remediation (Contaminated Land) Tax Relief is complex, so it's important for companies to seek professional advice.

If you have specific Land Remediation Tax Relief related questions or would like to know if your business, projects and expenditure are eligible, please contact sending a message to [email protected] or give our office a call at 01603 363884

R&D Tax Relief in the UK
Is your Industry, Company & Project eligible?



Post 16 of 42: Entertainment Industry
Interested to know what kind of projects/work is eligible for R&D Tax Relief in the definition of R&D for tax purposes?

Here 's a selection of 25 examples of eligible R&D tax relief activities in the Entertainment Industry:
1. Development of new visual effects technologies for film and TV production
2. Creation of new audio processing software for music production
3. Development of new virtual reality experiences for entertainment venues
4. Design and development of new ride systems for theme parks
5. Creation of new lighting or sound systems for live performances
6. Development of new animation techniques for films or TV shows
7. Creation of new interactive exhibits for museums or science centres
8. Development of new mobile applications for games or entertainment
9. Creation of new algorithms for improving game mechanics or artificial intelligence
10. Development of new software for managing production workflows
11. Creation of new technologies for enhancing live performances with special effects
12. Development of new sound design techniques for immersive theatre experiences
13. Creation of new approaches for optimising sound quality in movie theatres
14. Development of new technologies for enhancing audience engagement during live events
15. Creation of new approaches for enhancing user experience in video games
16. Development of new systems for managing intellectual property in the entertainment industry
17. Creation of new technologies for enhancing accessibility to entertainment content
18. Development of new techniques for creating lifelike animatronics for theme parks or film production
19. Creation of new technologies for enhancing safety in amusement parks or other entertainment venues
20. Development of new approaches for creating realistic environments in virtual reality experiences
21. Creation of new systems for analysing audience behaviour and preferences
22. Development of new technologies for enhancing streaming video quality and performance
23. Creation of new approaches for enhancing interactivity in social media and online communities related to entertainment content
24. Development of new technologies for enhancing e-sports competitions
25. Creation of new approaches for enhancing the accuracy and speed of voice recognition in entertainment applications.

Is this your company's industry? If that's the case, are any or several of the examples above similar to work your company has done and invested money in? If so, your company could be eligible for substantial R&D tax relief. Moreover, if you have never claimed, we may even be able to help you claim for two ended tax years.

Contact us for a 10-minute call, and we will tell you if you are eligible for R&D Tax Relief and how much we can potentially claim for you.

R&D Tax Relief UK FAQ's Q4/30
How much tax relief can I claim for R&D in the UK?

The amount of tax relief that can be claimed for R&D in the UK depends on the size of the company and whether it is profitable or not.

For small and medium-sized enterprises (SMEs), which are companies with fewer than 500 employees and either an annual turnover of less than €100 million or a balance sheet total of less than €86 million, the relief is more generous. SMEs can claim a tax credit of up to 33.35% of their eligible R&D expenditure, which can be used to reduce their corporation tax liability or, if they are not yet profitable, to receive a cash payment.

For large companies, which are those that do not meet the SME criteria, the relief is less generous. Large companies can claim a tax deduction of up to 13% of their eligible R&D expenditure, which can be used to reduce their corporation tax liability. There is no cash payment available for large companies.

It's important to note that there are certain restrictions and limitations on the amount of relief that can be claimed, and the specific amount will depend on the company's individual circumstances.




Claiming R&D Tax Relief is complex, so it's important for companies to seek professional advice.

If you have any R&D Tax Relief related questions, please feel free to contact us at any time. You can reach our office by calling 01603 363884, email [email protected] or book an appointment at https://bit.ly/3ZuUU1q

R&D Tax Relief UK Post 10 of 10
What are the latest developments in R&D Tax Relief?

The UK government has recently announced several changes to the R&D tax relief scheme aimed at making it easier for companies to claim relief. Some of the latest developments include:

1. Introducing a cap on payable R&D tax credits - From 1 April 2021, the amount of payable R&D tax credits that a company can receive in any tax year will be capped at £20,000 plus three times the company's total PAYE and NIC liability.
2. Simplifying the claim process - The government has introduced new guidance and support to help companies to make claims for R&D tax relief, including a new online portal and a digital assistant tool.
3. Broadening the definition of eligible expenditure - The government has broadened the definition of eligible expenditure to include costs associated with data and cloud computing, as well as costs related to certain types of intellectual property.

These changes demonstrate the government's commitment to supporting innovation and making it easier for companies to invest in R&D activities. By taking advantage of these developments, companies can continue to drive innovation and grow their businesses while maximising the benefits of R&D tax relief.




Claiming R&D Tax Relief is complex, so it's important for companies to seek professional advice.

If you have any R&D Tax Relief related questions, please feel free to contact us at any time. You can reach our office by calling 01603 363884, email [email protected] or book an appointment at https://bit.ly/3ZuUU1q

Patent Box Tax Relief UK FAQ's Q25/30 Is there a minimum or maximum amount of IP profits that can be claimed for Patent Box purposes?

There is no minimum or maximum amount of IP profits that can be claimed for Patent Box purposes. However, to be eligible for the Patent Box tax relief, a company must have qualifying IP that is generating relevant IP income. The relevant IP income must be attributed to qualifying development activities carried out in the UK or the EEA, and the proportion of relevant IP income that can be attributed to qualifying development activities should be calculated in accordance with the Patent Box rules.

The amount of tax relief that a company can claim under the Patent Box regime will depend on the amount of relevant IP income that can be attributed to qualifying development activities in the UK or the EEA. The reduced corporation tax rate of 10% applies to the proportion of relevant IP income that can be attributed to qualifying development activities in the UK or the EEA.

There is no maximum amount of tax relief that a company can claim under the Patent Box regime, but companies must comply with the rules and requirements for claiming the tax relief, including ongoing compliance requirements. The rules and requirements for claiming the Patent Box tax relief can be complex, and companies should seek professional advice to ensure they are complying with all relevant rules and requirements.



Claiming Patent Box Tax Relief is complex, so it's important for companies to seek professional advice.

If you have any Patent Box or R&D Tax Relief related questions, please feel free to contact us at any time. You can reach our office by calling 01603 363884, email [email protected] or book an appointment at https://bit.ly/3ZuUU1q