PODCAST: Business benefits that most people don't know about with Sue Armstrong from Catax
On this week’s episode of the Should I Stay or Should I Go podcast, Phil Brown sits down with Sue Armstrong to discuss research & development, tax returns and the benefits your business can gain.
Sue Armstrong is the Professional Partner Director for Catax, a specialist company who advise on research and development tax credits, capital allowance legislation and patent box legislation.
Phil Brown is best known as the Founder and Group Chief Executive Officer of Absolute Commercial Interiors. The Should I Stay podcast has been created to you with insightful and detailed information from influential figures and business leaders, that can aid your journey in the business world.
Sit tight for some exciting conversation about the modern world of work, transformational business changes, difficult decisions and some of the lessons that our guest have learnt on their journey.
Here are some of the topics covered in this episode:
The ease of making a research & development tax credits claim
How far back can you go to claim research & development tax credits?
Does it mean a cash injection into your business?
Employers don't understand that they're eligible to claim
How much can your business make from R&D tax credits claims?
How much of your time is required for the HMRC report to be created?
No-win, no-fee and why does this approach work?
What's included in embedded capital allowances?
Reinvesting these benefits back into your business
Very few companies know about embedded capital allowances
What is patent box and what are the financial benefits of a patented product?
How does the government benefit from these initiatives?
Over £264million pounds repaid to clients
What happens if HMRC start asking questions further down the line?
Why it's vital to ensure you do the research on the company you're going to use
How long does the process take to get your returns back?
Ready to listen to the full episode?
You can find this episode of the Should I Stay or Should I go podcast on either Spotify or Apple podcasts using the link below!
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