TACT Consulting
Tax Relief
At TACT Consulting, we specialise in reclaiming Corporation Tax for UK Limited Companies, reducing your company’s future Corporation Tax Liability, and reducing Personal and Business Foreign Exchange Exposure.
Reclaiming Corporation Tax for UK Limited Companies
Reducing Your Company's Future Corporation Tax Liability
Reducing Personal and Business Foreign Exchange Exposure
Research and Development Tax Credits
If your UK company is tackling technical challenges or developing new products, you may qualify for R&D Tax Credits—a government incentive designed to support innovation across a wide range of industries. While key sectors such as Software, Engineering, Construction, Manufacturing, and Healthcare often benefit, eligibility is open to businesses across many fields.
Qualifying activities include not only creating new products or processes but also improving existing ones. Even if you’re unsure about your eligibility, our specialist team can assess your projects to determine if they meet the criteria.
Book a consultation today to explore how R&D Tax Credits can support your business’s growth.
Capital Allowances
Capital allowances allow businesses to claim tax relief on certain capital expenditures, particularly related to commercial property. This relief applies to “fixtures” within the property—items that are part of the building, such as heating systems, lighting, and plumbing. If your company owns or has recently purchased a commercial property and has made improvements, installed new fixtures, or inherited existing ones, you could reduce your Corporation Tax bill by claiming capital allowances.
Many businesses overlook these allowances, missing out on significant tax savings. If you’re unsure whether your accountant is claiming these allowances, contact us to learn how capital allowances can reduce your tax liability and improve your cash flow.
Land Remediation Relief
Land Remediation Relief (LRR) offers valuable tax relief for commercial land and property owners who have incurred costs to remove contaminants. This can include both man-made and natural contaminants, such as asbestos, Japanese Knotweed, radon, methane pockets, or oil seepage. To qualify, the remediation work must be supported by a surveyor’s report and aimed at preparing the land for commercial use.
If your business has undertaken such remediation or is planning to, you could be eligible for significant tax savings. Contact us today to speak with a specialist and learn how LRR can benefit your business.
Book Your Consultation
Contact us today to schedule a free 15-minute Consultation to discuss how we can improve your cashflow, and help your company achieve it’s goals.
