PECM Issue 34 2018 | Page 17

+44 (0)1926 512475 [email protected] www.mcs-corporate.com MCS Corporate Strategies Ltd is a very specialist company working in Research and Development Tax Credits, Land Remediation Tax Relief and Patent Box claims. Support for these activities is growing rapidly as Government policy actively encourages companies to take up these valuable claims. Main Corporate Tax Relief schemes are: • Land Remediation Tax Relief • Research and Development Tax Credits (available for all companies) • Patent Box (available for all companies The single key criterion for qualification is that you be registered as a UK corporate entity. Claims are retrospective (two years) and intended to be claimed year-on-year. SME’s and large Companies qualify. Manufacturing, engineering and all disciplines, activities, parts, products, prototypes; IT software and first-of-class items are examples of what is included as items for research and development. The CIRD definition of R&D is wide and inclusive of very broad activities. Land Remediation Relief is aimed at property developers, builders and construction companies. MCS has a well established claims experience. The entire process is undertaken in- house, is confidential, involves liaison with clients, their accountants and, importantly, HMRC. MCS will identify qualifying activities and write technical reports. Clients are supported throughout and as they expand and enhance their activities. The incentives are there: use them! Issue 34 PECM 17