Other / Specialist Services

Currently claims for research and development costs attract tax relief at 230%, an enhancement of 130%. This equates to HMRC potentially providing up to 33% of the cash required to develop new areas with your business.

Another statistic widely quoted is that 85% of German businesses claim a similar relief, still far more than UK companies. The chances are that your business could be eligible to make this claim and yet many businesses are failing to look at this valuable area.

• We will submit your report and amend your Corporation Tax return (CT600), incorporating your R&D tax credit calculation.
• We will follow up with HMRC to check on your claim’s progress.
• In the unlikely event that HMRC opens an enquiry relating to your R&D tax credit claim, we will resolve this for you.

As well as a wide range of other services to owner managed business, Michael Harwood & Co specialise in helping business with growth, finance, acquisitions and potential sale and exit planning.

Whether for another business or capital acquisition, your business will sometimes require a funding injection. We have contacts throughout the financial sector and the UK to source relevant growth capital.

With access to a wide variety of funders and solutions, we can provide you with independent advice and support to ensure that all of your funding is the right source for you.

We have a wide experience with management buy-ins and management buy-outs, over many years, helping them achieve their goals. Combine that with access to a huge list of contacts, we can ensure that management transactions are well supported.

Businesses look to acquisitions for both immediate growth and to benefit from either a wider market opportunity or increasing its market offering. We will project manage an acquisition assignment.

Working with you from an early stage, we help you define your own strategy. We can help you identify and consider all options and wok with you to provide the best exit strategy for you.

Our aim is to maximise a potential sale of a business, and to that we comprehensively review and build a total understanding of your business and its sector. We can then identify credible buyers from contacts, customers or suppliers to suit you. Using our experience, we engage, provide confidence and negotiate the best outcome within realistic timescales, keeping you fully engaged and supported.

Whether for tax purposes, business sales, retirement, shareholder settlements or dispute resolution we provide an independent business valuation service.

With expertise in this area, we can help a business with the due diligence process, either as a potential buyer or seller. As a potential buyer, we can help identify the key areas of potential weakness and issues in respect of an acquisition target and provide you with a robust review to be able to address the key areas in order to reduce your risks.