Taxation

Connon Associates Chartered Accountants are committed to minimising the corporation tax burden of our clients. We handle all correspondence with HM Revenue and Customs on your behalf.

 

Research and Development (R&D) Tax credit claims

We prepare Research and Development Tax credit claims and write supporting reports.

R&D tax credits are provided by the Government to reward innovative businesses for investing in research and development
There are currently two schemes to reward innovative businesses within the UK: the SME regime for small and medium enterprises and the Research and Development Expenditure Credit (RDEC) regime for larger organisations.

 

SMEs can claim between 25% and 33% of qualifying expenditure (2021)

 

Large Companies can claim up to 13% of qualifying expenditure (2021)

We engaged Connon Associates to provide accounting support and advice in setting up Financial controls and procedures to govern our finance function. Peter acted as lead consultant and provided an
Sepha Limited – Manufacturing Aubrey Sayers, CEO
Connon Associates are excellent business partners for our business.  They carry out our ongoing finance functions diligently and have developed forecasting and KPI models that have been invaluable in planning
Right Revenue Limited – Hospitality SAAS Adrienne Hanna, CEO
Crescent Capital – Venture capital Connon Associates are a go to Chartered Accountancy Practice providing a full suite of accountancy services for SME business. The tailored and comprehensive service coupled
Crescent Capital Colin Walsh, CEO
Connon Associates provide a managed finance function for the association. They are very reliable and knowledgeable accountants who provide great advice.
Covenanter Residential Association Limited – Housing Diane Mc Mitchell, Chairperson