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This area covers how a business claims eligible reductions from its tax bill, including the scope of allowable expenses, capital allowances, reliefs, and any reliefs for research and development. A solicitor in this field helps identify what can be deducted, prepares and submits the necessary figures to HM Revenue & Customs, and handles any corresponding reliefs, audits, or disputes arising from a tax return or assessment. The work can be affected by changes to tax law and accounting standards.
What a solicitor handles in these matters
A solicitor identifies which costs qualify for deduction, confirms eligibility for capital allowances, and ensures reliefs like R&D or losses are properly claimed. They draft and negotiate positions with HMRC, prepare supporting schedules, and manage documentation to prevent or respond to challenges in tax returns, assessments, or investigations.
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