The range of business services that Advantage Group offer together with ZLX, including tax relief and Research and Development Tax Credits in the United Kingdom.
Working hand in hand with a number of strategic partners allows Advantage Group Ltd to provide the best service to their customers.
Our Services
R & D Tax Credits
Land Remediation Relief
Land Remediation Relief
Research and development (R&D) tax relief is available to companies working on technological or scientific innovations.
This applies to any UK company that is limited and is subject to Corporation Tax payments. R&D can take place in any sector - from care homes, construction and hospitality, to engineering, farming and digital development. The scope for identifying R&D across all sectors is huge.
If you’re making a claim for the first time, you can typically claim R&D tax relief for your last two completed accounting periods. A large amount of businesses that qualify for R&D tax credits, fail to claim. A common reason for this is that businesses do not consider themselves to do any research and development, however, if your company is developing products, systems, and processes, the likelihood is that you do qualify.
Land Remediation Relief
Land Remediation Relief
Land Remediation Relief
Land Remediation Relief, otherwise known as Contaminated Land Tax Relief is a relief from corporation tax only. This provides land and property owners the opportunity to receivea corporation tax deduction of 100%, plus an additional deduction of 50%, for qualifying expenditure incurred by companies in cleaning up land acquired from a third party in a contaminated state.
Land or property may be considered contaminated as a result of industrial activity if:
- The land is already causing relevant harm
- The land has the potential to cause relevant harm to humans, animals, or buildings
- If the land is currently or could potentially be responsible for significant pollution in the groundwaters, streams, rivers, and coastal waters.
“Relevant harm” includes significant adverse impact on the health of humans or animals or damage to buildings that has a real impact on the way the building is used. The tax relief is intended to encourage the use of brownfield sites and make the land safer for humans, animals, and buildings alike. The claim must be made within two years of the end of the accounting period when the expenditure was incurred in order to be valid.
Patent Box
Capital Allowances Tax
Capital Allowances Tax
Patent Box tax relief is the government’s way of rewarding companies that are driving innovation and investing in new ideas including new processes or new products and have taken steps to patent these ideas and innovative processes and products.
The aim is to encourage the development of new patents in the UK. If your company is making a profit on your patented inventions or processes, you will be eligible for a lower effective corporation tax rate of 10% on your relevant profits. This will save your company money and allow you to invest in future innovation. If you are eligible for Patent Box tax relief, it is likely that you are also eligible for R&D tax relief.
Capital Allowances Tax
Capital Allowances Tax
Capital Allowances Tax
Property Capital Allowances is the tax relief gained by the unknown or sometimes forgotten hidden expenditure in your commercial property. Typically, this includes elements such as heating, lighting, air conditioning, wiring, and security systems – essentially everything that would remain in the building if you tipped it upside down!
All commercial property owners who are UK taxpayers may be eligible to claim Capital Allowances tax relief.
Our experienced consultants and industry background ensure we deliver claims above industry average.
Your eligibility depends on several criteria. Although this may seem complicated; Advantage Group can take this problem off your hands. Our team of experts are here to help you verify your eligibility, process your tax claim and convey it to HMRC in a professional manner.
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