Maximising incentives to reduce your tax burden

Corporation tax incentives can significantly reduce your business’s tax burden, but navigating the rules, eligibility and reporting requirements can be complex. Without expert advice, businesses often miss out on reliefs they are entitled to, or risk making claims that don’t stand up to HMRC scrutiny.

Our team helps companies across all sectors access and maximise valuable tax reliefs, from R&D and capital allowances to patent box and creative sector incentives. We combine technical tax knowledge with sector insight to prepare strong, defensible claims that deliver real financial benefit. Whether you’re submitting your first claim or refining a complex incentive strategy, we’ll guide you every step of the way.

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Our solutions

Recover valuable costs by maximising relief on innovation spend

We help you identify and claim relief on qualifying innovation projects, reducing your corporation tax bill or securing cash credits. Our support includes:

  • Assessing eligibility across departments and projects;
  • Identifying qualifying expenditure, including staff time and materials;
  • Preparing robust claim documentation aligned with HMRC guidance;
  • Responding to HMRC queries or defending claims under review.

Our end-to-end service ensures your R&D claims are optimised, compliant and commercially focused, helping you reinvest in future growth.

Achieve 100% relief on capital expenditure for R&D

We advise on RDA claims to help you secure full tax relief on qualifying capital assets used in R&D. This includes:

  • Reviewing capital spend to identify eligible items;
  • Aligning RDA claims with wider capital allowances strategies;
  • Preparing detailed claim support to meet HMRC requirements.

Particularly beneficial for long-life assets and buildings, RDA claims can unlock substantial tax savings. Our integrated capital and R&D teams ensure no opportunity is missed.

Improve cashflow by accelerating relief on capital spend

Capital allowances are a key part of effective tax planning. We help you:

  • Identify and maximise qualifying expenditure;
  • Access reliefs under structures like the Annual Investment Allowance and Full Expensing;
  • Support claims during property acquisitions, refurbishments or disposals;
  • Track legislative changes to secure the most favourable treatment.

We provide strategic, transaction-focused advice that aligns your capex plans with the most beneficial tax relief options, improving return on investment and cashflow.

Reduce tax on profits earned from patented innovations

We help you benefit from the UK patent box regime, which applies a reduced 10% effective tax rate to qualifying profits. Our support includes:

  • Confirming company and income eligibility;
  • Calculating qualifying profits and preparing required documentation;
  • Advising on IP strategy and group structuring to maximise relief.

With early planning, we can often enhance the benefit of your claim, ensuring your innovation not only drives revenue, but also delivers lasting tax savings.

Secure valuable credits for work in creative industries

We support eligible companies in claiming tax relief or payable credits based on qualifying UK production spend. The sectors include:

  • Film and high-end television;
  • Children’s TV and animation;
  • Video games;
  • Theatrical productions, orchestral concerts and exhibitions.

Our experts help you assess eligibility, compile claims and manage the process from end to end, supporting compliance while ensuring maximum benefit is secured.

Peter Legge
Get in touch
Peter Legge
Partner - Head of Tax (UK)
Contact Peter Legge Learn more about Peter Legge
Peter Legge
Contact Peter Legge Learn more about Peter Legge
Peter Legge
Partner - Head of Tax (UK)
Peter Legge
+44 28 9587 1081
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Why Grant Thornton

We turn complex incentive regimes into commercial advantage. With a highly experienced team of R&D,capital allowances and industry specialists, we help clients unlock the full value of tax reliefs while remaining fully compliant with HMRC rules.

With Grant Thornton, our clients receive:

  • Maximised reliefs: Comprehensive reviews to ensure all eligible costs are captured;
  • Defensible claims: Robust documentation aligned with HMRC expectations;
  • Joined-up advice: R&D, capital allowances and Patent Box expertise under one roof;
  • Early-stage value: Strategic input to improve relief outcomes before you invest.

Speak to our tax incentives team today to build a smarter tax strategy around your innovation and investment activity.

Contact our tax incentives team

Peter Legge
Peter Legge
Partner - Head of Tax (UK)
Belfast
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Alexandra McCausland
Alexandra McCausland
Associate Director - Tax
Belfast
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