KATE GREENHOUGH
CORPORATE AND R&D TAX DIRECTOR
Kate is a CTA-qualified tax specialist with significant Corporate and R&D tax relief experience. She has over 10 years of specialist experience preparing and optimising R&D tax relief (under SME and RDEC) and Patent Box claims in line with the latest HMRC guidance.
Her sector experience spans FMCG (fast-moving consumer goods), automotive, financial services, healthcare, manufacturing, construction, food and beverage and hospitality.
In addition to helping our innovative clients optimise their R&D tax relief claim, she also co-manages our R&D introducer network consisting of accountants, layers, VCs, Angels and other professional partners.
Introduced by the UK Government in 2000, R&D tax relief is one of the most effective tax relief schemes available to both loss-making and profit-making companies. Innovative businesses undertaking R&D-related activity claim a generous corporation tax deduction or a cash refund from HMRC. Loss making companies can claim back up to 33% of qualifying expenditure i.e. 33p for every £1 spent. Profit making companies can claim back up to 24.7% of your qualifying expenditure.
CONTACT KATE
RELATED NEWS
20 June 2022
HMRC have temporarily suspended some Research and Development Claims as a means of putting an end to the abuse of R&D. Who Will be Affected? HMRC […]
22 March 2022
We are thrilled to announce that Jeffreys Henry is joining forces with Arram Berlyn Gardner (ABG), marking a critical step in our strategy to partner with high-quality firms which enhance its offering to SMEs.
8 March 2022
Jeffreys Henry is committed to the progression of equality for all women and so in recognition of International Women’s Day 2022, we wanted to share the experiences of some of the wonderful women working with JH, as well as their perspectives on how things have progressed for women working in accounting. A big thank you to all the women who shared their inspiring stories with us! Together, we can #BreakTheBias.
31 January 2022
HMRC has released its review of R&D tax relief (also known as R&D tax credit), alongside details that confirm extra measures that will be put in place to end the abuse of R&D tax relief. Recent data suggests a loss of over £300 million due to fraud and error in R&D claims. In such cases, companies had claimed cash through the payable tax credit, despite having no R&D activity. Moreover, HMRC have also identified structures that had been set up with the intention to claim the payable tax credit, despite there being little employment or activity in the UK.
1 November 2021
Key steps to a successful R&D tax relief claim. HMRC have displayed no sign of relaxing their position in respect of R&D tax credit claims in terms of querying both eligibility and qualifying expenditure.
20 May 2021
£102,000 – that’s the average amount we’ve secured in R&D tax relief for our clients. R&D tax relief is one of the best tax reliefs available to both loss-making and profit-making companies.
9 March 2021
HMRC have introduced a restriction for the amount of R&D tax credit received by SMEs in a year. Effective from 1 April 2021, the cap is set at £20,000 plus three times the company’s total PAYE and NIC liability for SMEs claiming R&D tax credits.
4 March 2021
The Chancellor has attempted to strike a balance between continuing to prop up the businesses worst affected by COVID-19, while setting out a roadmap to wean the UK economy off this emergency support.
3 March 2021
The Chancellor, Rishi Sunak, delivered the 2021 Budget on 3 March 2021. Our specialist Personal and Corporate Tax Teams have summarised the key announcements below, with a full report to be published on Thursday 4th March 2021.
16 February 2021
London-based accountancy firm Jeffreys Henry has attracted significant growth investment from Tenzing, an award-winning private equity fund. Jeffreys Henry is Tenzing’s first investment in regulated professional services, and the 2nd investment in their flagship £400m Fund II.
