Research & Development Deadline
06/12/2010 14:27:00

If you have a corporate client with a 31 December year end it is important that you check, prior to the year end, to see if the client is entitled to make an Research & Development tax credit/relief claim. By making a provisional R&D claim prior to the yearend you could potentially go back as the beginning of the Accounts year ended 31 December 2008.

AVN have recently taken on board a new Provider, Howarth Lynch (HL), who solely specialise in R&D. In the last year, HL have generated for their clients approximately £5 million of corporation tax overpayments and unclaimed tax credits. HL have, to date, a 100% success record on claims made with no HMRC enquiries. HL will be happy give you a view on whether a provisional claim is warranted.

Please click here to be told more (approximately 20 minutes long). You can find out about the potentially massive tax benefits for some of your corporate clients. You may find it useful for the whole of your team to watch this webinar. Please click here to have sight of the R&D Checklist which you will also find useful to see whether an R&D claim may be appropriate.

HL charge a fee based solely upon success. The fee would be 30% of the tax repayment/tax saved. With the exception of the Basic AVN member, you would be entitled to 18% of the fee net of any 3rd party disbursements incurred by HL. A Basic AVN member would be entitled to 12%.

If you feel that any of your corporate clients may possibly fit the bill, please contact the AVN Tax Team on 0845 2269770 and put the potential referral on CRIS  which can be found on the AVN Tax website. HL are also happy, where appropriate, to do a free R&D Health check at your client premises.