Who are Catax and how can they help your agribusiness?

by Catax

Catax are corporate tax specialists with offices located in South Manchester, London, Glasgow, Edinburgh and Vancouver, Canada. We specialise in helping companies of all sizes maximise their claims for corporate relief in the specialisms of research and development tax relief (R&D), the Patent Box, Capital Allowances and the Remediation of Contaminated Land.

To date we have helped in excess of 14,000 clients and recovered in excess of £230m.

We are delighted to be taking part in the Croptec show at the East of England Showground, Peterborough on 27^th & 28^th November 2019 and look forward to being able to meet visitors as well as other businesses which are exhibiting. You will find us in Hall 1 at stand 1.70.

It is our first time at the show and we have been drawn to it due to the opportunity which it presents for knowledge sharing as the leading technical event presenting new technological development and innovation in the arable agricultural sector.

Catax is dedicated to representing the interests of businesses operating in the arable farming and agri-tech sectors. Despite research and development activity in the agricultural sector being extremely high and continuously undertaken, annual government figures for the number of R&D tax relief claims emanating from the agricultural sector are extremely low meaning that companies are not taking full advantage of the reliefs which are available to them. This is disappointing as it means that companies are missing out on significant corporation tax savings and tax credits from HMRC.

We have been doing our best to raise awareness of the innovation tax reliefs available in the UK and our team have been very busy this summer in attending a variety of agricultural events throughout the length and breadth of the UK.

Our Scottish team, in particular, exhibited at a range of one day agricultural and country shows throughout Scotland this summer including the Echt show, the Perth Show and the Black Isle Show whilst further south, we exhibited at the Royal Cheshire County show in Tabley, Cheshire for the first time. We also exhibited at the Scottish Game Fair and the Forestry Expo. We plan to continue this activity by attending more industry led events in 2020.

It is our aim to raise awareness of the innovation tax reliefs even further at the Croptec show in November.

On hand at the show to help visitors and businesses alike with their questions will be the following specialists

Richard Armstrong- Partnerships Director

Richard is a Partnerships Director at Catax. He is an accomplished Research & Development (R&D) Tax Credit Business Consultant, with many years’ experience in helping businesses identify if they can benefit from the R&D Tax Credit Legislation, plus Patent Box and/or Embedded Capital Allowances.

As many companies don’t even know they can benefit, Richard simplifies the Legislation, and makes it relevant to their business activities, thus helping many businesses, who previously didn’t even think they had qualifying activity, in the products they make, or the processes, which run their businesses.

Rory Alkin- Regional Development Manager

Rory is a Regional Development Director at Catax, based in the North West. He has built strong relationships with clients throughout the country over the past eight years and helped them maximise their tax savings.   He has specialist knowledge in capital allowances and how commercial property owners can utilise them to offset against taxable profits.

Caroline Walton- Patent Box specialist

Caroline leads the Patent Box tax relief service at the Catax group. She is a former practising solicitor and joined Catax in November 2017 as a specialist tax consultant specialising in claims for research and development tax relief. Since October 2018, she has led the Patent Box service and works with companies in reviewing their R&D activity to consider potential patenting. In addition, she works with companies to analyse their IP and determine eligibility for the Patent Box.

Caroline has strong links with the agricultural industry. Her father, grandfathers and other family members were all dairy farmers on the Shropshire/Wales border and despite being officially “retired”, her father has still retained land, equipment and keeps a hand in the business.