Our latest free breakfast seminar has proved a great success, with audience members digesting the subject of invaluable tax relief available to businesses.
We also offered one to one advice clinics at the University of Chester’s Thornton Science Park.
The seminar provided an invaluable insight into two keys areas of business.
In the first half of the seminar, speaker Joanne Shelley, a partner at Knights LLP explored intellectual property and the initial stages of measuring the potential value of an idea.
In the second part of the seminar, Tax Manager Peter Way-Rider of Ellis and Co investigated tax relief available to businesses active in Research and Development (R & D) and what HMRC might constitute R & D.
Peter said: “We were delighted by the response to the seminar which enabled Ellis and Co to introduce the various tax options available to companies who have an interest in Research and Development, but may not make the most of tax breaks available to them.
“Businesses are eligible for quite considerable savings if they’re made aware of the tax relief available and how to identify R & D.”
The seminar took place at the High Growth Centre of Thornton Science Park which is the site of the former Shell Technology Centre at Ince near Chester.
Co-funded by the University of Chester and the European Regional Development Fund, the High Growth Centre offers Small to Medium Sized Enterprises (SMEs) and new start-up businesses invaluable advice and support.
The centre is specifically designed for companies operating in the Advanced Manufacturing, Automotive, Engineering and Environmental sectors and the blend of industry, innovation and academia is expected to deliver an economic boost to the region.
Ellis & Co is now looking forward to its next free breakfast seminar at Thornton Science Park on Tuesday, March 24, to discuss the budget and how it could affect you and your business including what can be done to reduce tax.