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SPECIALIST

We have developed expertise in several industry specialisms, enabling us to provide highly focused services in these sectors.

R&D Tax Credits

With various R&D schemes offered by HMRC for companies undertaking research and development activities can come a welcome boost to cash flow, particularly for companies starting out through their life cycle with a potential cash benefit of 33% for successful claims.

As these reliefs come under more scrutiny from HMRC, it is now more important than ever to ensure that claims are prepared and reported accurately in line with HMRC guidance.

With a high success rate our team of experts are well placed to assist with the identification, preparation and reporting of qualifying costs by fully understanding your business and identifying whether your particular projects will meet the relevant conditions.

Patent Box Scheme

The patent box regime can benefit companies exploiting patented products or processes or companies holding an exclusive license to intellectual property by reducing the effective rate of corporation tax from 19% to 10%.

Due to the process of making a claim not being straightforward and the calculations being complex it is an area often overlooked by companies, with only around 1,100 previously making claims under the patent box regime in the UK.

With previous history of making these claims our team at Wagstaffs are well placed to assist with making the process as straightforward as possible and recognising opportunities to restructure your company to allow you to qualify for the patent box regime.

Forensic Accounting

Our forensic accountants can help you with the unpleasant aspects of business. Fraud, disputes and litigation are a reality of modern business. We have the skills combined with the latest technologies to help you deal with the unpleasant aspects of business.

Our expertise includes:

  • Loss of profit claims
  • Breach of contract
  • Negligence, warranty and product liability claims
  • Intellectual property disputes
  • Fraud investigations
  • Director/shareholder disputes, including business and share valuations
  • Mediation, arbitration and determination services

Contact our accountancy advice team on 01438 740074 to discuss how we can help you.

Specialist Industry Advice

We are the experts' experts. We have many years experience advising a wide range of specialist industries:

  • Software and computer sciences
  • Industrial engineering
  • Publishing
  • Media
  • Aerospace and defence
  • Pharmaceuticals and bioscience
  • Farming
  • Alternative energy
  • Export
  • Property and construction
  • Restaurants and catering
  • Travel and tourism

Each industry is unique. Each requires a special understanding which we are able to offer. Giving you effective solutions for cashflow planning, funding, project planning and dealing with complex regulations.

We get under the skin of every specialist industry we deal with. We don’t deal with industries in which we are not expert.

Contact our accountancy advice team on 01438 740074 to discuss how we can help you.

Business

A successful business needs the continuous support and advice from professionals. That's what we are here for.

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Personal

Our aim is to establish a one-to-one personal relationship with each of our clients. As such, we are able to advise on financial matters outside of purely business-related finances.

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In touch. In tune. Expert.

Wagstaffs Richmond House, Walkern Road, Stevenage, Herts SG1 3QP

© Wagstaffs. Wagstaffs is the trading name of Wags LLP, a limited liability partnership registered in England & Wales number OC317369. Registered office as above. A list of members is open to inspection at our office. Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England & Wales. A member of the INAA Group, a worldwide association of independent accounting firms.

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