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Planning to minimise your tax

At Randall & Payne we believe that business comes first and once we understand your current situation we can clarify how we can reduce your tax burden. We understand that the earlier tax planning considerations can be made the more tax is likely to be saved. It’s not all about tax planning, it is equally important to get the compliance right to avoid the ever complicated penalty regime.

Our tax advisory practice is targeted on 3 key areas, which our experience of dealing with a wide range of business over many years tells us, is essential for efficient tax planning and reduced hassle when dealing with HMRC.

“We were alerted to R&D Tax Relief by Randall & Payne as we were not previously aware that it could apply to the bespoke fire and security solutions we provide to our customers.  James Geary picked this up in December 2015 and completed two years of claims working to a very tight deadline, which have now been accepted by HMRC and provided a cash flow boost to the business worth in excess of £200,000. With the prospect of continuing annual claims we are delighted with this result and would recommend any business developing its own products, software or bespoke solutions to speak to Randall & Payne to see if they can also benefit from the regime.” – Jason Buttle, Managing Director, GBE Fire & Security

“Although I had heard of R&D Tax Relief before, I never thought this would apply to our business. However James Geary at Randall & Payne helped us to understand the requirements and helped unlock this valuable tax relief in respect of the highly bespoke and technical solutions we come up with for our customers. James helped us to articulate our work in the right terms and was very efficient in pulling all the relevant cost information together to a very tight deadline. The first claim resulted in a significant offset against our Corporation Tax liability, and ongoing annual claims are now a part of our annual tax processes. I would thoroughly recommend James and Randall & Payne to any business carrying out any design work.” – Roy Amphlett, Finance Director, A&E Fire Equipment Ltd


Tim Watkins
Tax Planning

Rob Case
VAT

Trish Clements
Private Client Tax Manager

James Geary
Corporate Tax
Manager


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