Watch this video now to learn how it's possible to receive up to a 70% rebate on the Corporation Tax you have paid in the last 3 years.

Video Chapters

00:00 Who are we you, and who are CORPORATION TAX REBATES?

00:30 How did the company come into being?

03:30 Is this data risk applicable to all businesses?

05:24 How does a business qualify for a Corporation Tax Rebates?

06:56 What exactly is the CTR process, and what is the commitment from the client?

12:06 Is CTR a tax avoidance scheme, scam or loophole?

14:50 Will provision need to be reversed?

19:56 Can you give me an example of company who has been through the process?

26:30 Who isn't this for?

30:05 How does this work for larger businesses with audited accounts?

32:04 Why aren't accountants making businesses aware of the risks with their data?

36:42 What if I don't have a lot of data?

37:58 How does a business go about applying

Video Transcript

Q: Who are you and who is Corporation Tax Rebates?

A: Well, my name's Mike Woolnough, I'm the commercial sales director for Corporation Tax Rebates, or CTR as we like to call ourselves, and we are a group of a legally trained professionals - tax and accounting professionals - who identified a process which can help our customers reclaim corporation tax that's been paid over the last three years.

Q: How did, as you call the CTR Process Corporation Tax Rebates, how did the business come into being?

A: I have a business partner, Ian - and Ian and I own a business called Data Guardsman.

And effectively, it provides data compliance for businesses that hold and use data.

It's the area that we all know as GDPR, which is probably the dullest four letters you'll ever hear.

But with Ransomware with Hacking and with costs attached to lost data, data privacy is now becoming a really, really hot subject.

So Ian and I had Data Guardsmen business, which effectively is an online compliance and training business.

And we realised at the beginning of the pandemic that a lot of SMEs that we were dealing with probably didn't want to continue or subscribe to the service because they were worried about income.

But what we did know was that almost everybody that we'd ever met had some issues with the data that they held.

And certainly we're finding it really difficult, in fact almost impossible to comply with those 99 data privacy laws that we know as GDPR and based on that, we said, Look, if somebody's not complying with the laws by their very nature, because there are fines attached to them that identifies a risk for the business.

And if a business has a risk, wouldn't it be clever if somebody could work out what the value of that risk was

Now if they could work out what the value of that risk was, and then work out through asking lots of questions how that information and how that data was protected and used and shared, we could also probably work out a percentage chance of something occurring and clearly, if you know the value of every piece of data and you know the percentage chance of it being lost or breached or misused, multiplying those two figures together, it's a huge calculation.

But multiplying those two figures together you could actually come up with one big number.

And the beauty of numbers are that accountants use numbers all the time, and accountants use a very simple process when they find that they have a material financial risk in a business, they use something called a provision, which effectively becomes a contingent minus on the balance sheet and it can affect the way that the company reports itself.

And we realised very quickly that if there's risk in a business, we can identify its value.

We could potentially put a provision onto a balance sheet going back now three years and we could offset the corporation tax that it paid against profits and make tax reclaims, and that's exactly what we do.

Q: So, Mike is this data risk applicable to all businesses?

A: Yes.

When I talk about data, I mean the information that we hold on our suppliers on our customers on our staff.

And it doesn't just have to be digital data, it can be paperwork as well.

You know, we work these days with clear desk policies.

Hopefully, we keep our paper data under lock and key.

So really, it does affect anybody that has data at all.

The losses attached to data range between fines of £1000 to £8000 per item depending on the type of data that you hold.

If I, for instance, lost a name and address, it would probably have a very low value.

But then add to that maybe a phone number, some bank details, maybe I'm an online customer, so some purchase details and some credit card details moving on from that, I might have hired a car from you.

You might have a copy of my driving licence.

You might be my travel agent.

You might have my passport, and you might be my pharmacist, so you might have some medical records if those sorts of pieces of data were lost or breached or compromised.

You can imagine that those fines wouldn't be at the bottom end of £1000.

They might be £8000.

And because some sensitive data has high value, you don't actually have to have an awful lot of data to rack up quite a high risk very, very quickly, particularly if you're not doing anything to protect it.

So I'd say that all businesses should be aware of potential risks and would be well advised to maybe ask themselves some questions.

What do we do and what actually is our risk and do we need to do something about it?

Q: How does how does a business qualify for the corporation tax rebates?

A: Well, first of all, we can't get a rebate if somebody hasn't paid tax already.

So that's the first thing.

So if a business has paid £20,000 or more in corporation tax over the past 2 to 3 years, we should be in a position to claim that tax back for them.

Now if they owe corporation tax that maybe they haven't paid from a couple of years ago, if we do make a reclaim that will be deducted from any claim we make.

And so if you have a substantial outstanding tax bill, our process might not work for you.

The other flip side of that is that if you've taken all of the profits out of the business as dividends, using our process and using the provisions that we were put into the accounts could potentially take the director's loan account into a loss position, and the net result of that is that the money needs to be paid back in nine months, or tax should be due at 32.5% and none of that makes sense.

So there are a couple of reasons why we can't help customers.

But the vast majority, I would say, well over 90% of people that have approached us, we've been able to support them, give them the advice, go through the process and actually make successful tax claim for them.

Q: What exactly is the CTR process? And what is the commitment from the client's point of view?

A: Okay, well, very simply, what we do as a team is we identify the types of data a business holds, and the quantity of it. By going through a fairly lengthy questionnaire, there's around about 200 questions that we go through, we identify how that data has been gathered, what permissions were taken and how it's stored and how it's used, who it's shared with.

For instance, it's all well and good holding data.

Let's say you've got sensitive data for your employees.

If you've got an outside payroll company, have you checked how they hold the data?

Do you send that data encrypted, not just password protected, but encrypted and when your staff leave, or when your customers ask you to be removed from your mailing lists, are those pieces of data removed professionally?

Or do you just simply press delete and they kind of move around your hard drive and they're still there for everyone to see?

So what we do is we understand everything about the data that a company holds and where it's kept.

Then we asked lots of questions as to how it's protected, what sort of processes people have.

I suppose one of the most common things these days is that home working has really exploded.

So there's a whole series of questions that are covid related to, say, Look, if your team are working from home, are working on their own computers with Internet access?

Maybe Hotmail accounts, maybe Facebook accounts?

Or are they working on work computers whose ports have been blocked so memory sticks can't be used?

Things can't be downloaded.

Do you use a virtual private network for people logging into that securely?

So what steps are you taking for your home workers to make sure that their computers and their tech can't be compromised so on and so forth?

So once we've understood all of those things, we have an algorithm or what we call an algorithm.

It's a calculation, to identify the value of each individual piece of data to identify the percentage of risk connected with each of those individual pieces of data.

And when we multiply those two things together, we actually come up with a number, and that's what we call our risk number.

So once we started talking to a client and we understand what they do and we've got a risk number, the next thing that we do is we have a look at their accounts and we go back to their accounts up to three years and have a look at corporation tax that's been paid.

Now, if corporation tax has been paid over those years, we are able to take the risk value and to use some of it as a provision in each of those years.

Now, that provision becomes a minus figure on the balance sheet and put very, very simply, if let's say a client has paid, has made £100,000 in profit, they will have paid £19,000 in corporation tax.

If they have a provision of 101,000, it effectively puts their, profits into a negative situation.

So if those accounts were reopened, reworked and re submitted, what we could actually do is re-declare the fact that there wasn't a profit made, there was a slight loss and we want we would recover Corporation Tax has been paid in a very very simple way.

That's how it works.

When a client engages us with the process, though, we like to start a conversation with them and their accountant so everyone can understand what we could do.

And we go into a lot more detail about what we proposed to do.

Once everyone is happy we get signed off, we move forward.

We go through the process that I've just explained to you.

And the back end of that process effectively is that we're able to produce a comprehensive legal report justifying why the provisions come about.

We've reworked the accounts, and we put elements of the provisions in that we need to use to claim back the tax.

And then we send all of that and the reworked accounts to the client and the client's accountant with an explanation for their approval.

And if that is approved, we then submit those to HMRC and to Companies House.

Now the entire process doesn't cost the client a penny until we've successfully made a claim, and at that point we charge a 30% success fee.

The idea of this was that a number of clients we first started working with were really struggling with cash flow, and they went through the process to try and increase the cash flow in their business, which generally will be returned to them within 6 to 8 weeks.

Now, if we're talking to a client that struggling already, we took the, we made the decision that why would we burden that business with further costs by charging up front

So we felt that a success only fee was a much more appropriate way to do what we do, and we found that that's worked very well for both clients and ourselves.

Q: Why would some people think this is a tax avoidance scheme or some scam or loophole? You know, it sounds too good to be true.

A: Well, the first thing is that it is a very new process.

We've identified this process because we are a team of accountants and we're a team of data privacy experts, specifically with a legal background, who have a good understanding of those 99 laws that are known as GDPR.

Accountants generally don't understand legislation, lawyers and accountants are a little bit like oil and water, they simply don't mix.

And it's quite interesting that it's our belief that the regulations are so complex it would be very, very unusual to meet somebody that complied with all of the legislation.

We also believe that in understanding the legislation, and certainly when we go through our questionnaires, clients very quickly realised that they have gaps and they have issues that they need to be dealing with, which they find quite useful because obviously we can work through that.

But the whole process that we have is based around legal non-compliance.

Now I often say that the laws' really cut and dried

You either comply with it or you don't.

You know, you can't be a little bit pregnant. You either are or you're not, so it's quite straightforward.

Have you registered with the ICO if you need to?

Yes or No.

Really, really simple.

Really, really straightforward.

Have you checked your supply chain is GDPR Compliant?

Yes or No?

Now show me the proof.

So you know, those are just a couple of things that clients should be doing.

And quite often we find that even the most basic things are not covered.

So the whole process that we have - and I'm using the phrase process specifically because it is not a scheme - legally what we've identified are gaps in compliance.

Once we've identified those gaps, the real magic of what we do is to be able to put a value on the risk connected with that non-compliance.

Once we have that number, then something that all accountants understand - a provision is put into the accounts, a minus figure, a contingent minus on the accounts which effectively will adjust the profits that have been made, so that's very, very straightforward.

We haven't invented anything.

What we've actually done is join two sets of dots, from lawyers and accountants who generally don't speak to each other.

Q: Mike when I spoke to my account originally, when you made us aware of the process, they said straight away, It's great having a provision, but at some point it has to be reversed so well, though they will claim the tax back. We're going to have to pay it back at some point in the near future.

A: Well, your accountant, it's absolutely right.

Provisions generally need to be reversed back out of the accounts.

Interestingly, though, the provisions that we produce in some cases need never be reversed back out of the accounts and let me let me explain how that works.

So let's say we've identified a provision from legal noncompliance those 99 laws have provided a risk in the business.

Now, once we've actually made our claim for our clients, we also recommend they do something about that risk, and we have products which can help them to do that.

Or they can use third parties that can do that, too.

But the whole key about being a director of a company is that you have to act in the company's best interests and now we have identified a risk for you, we need to be doing something about that.

So we strongly advise that the clients do something, and we also strongly advise that it would be worthwhile doing a review in 12 months time, which explains where that business is now.

Now that could mean that the provision goes up.

It could mean the provision stays the same, but it could also mean that the provision could be reduced.

So if I deal with the provision in its simplest terms, if a client, for reasons of let's say selling a business requires to reverse the provision out, that makes perfect sense and the provision would generally be reversed out.

But our head of legal would argue that even if those 99 laws were complied with during the first year and there was total compliance, which incidentally, is pretty much impossible, there would then become a risk of hacking, of data breach, of lost data, of ransomware.

And we know that in business these days, data has a value.

But the biggest risk for business at the moment is the impact of lost data and breached data.

In fact, in the insurance industry, a lot of the companies that were offering cyber liability insurance have withdrawn from the market in 2021.

And in fact, the premiums have also doubled this year.

So the amount of claims are astronomical in that industry, and that is basically born out of the fact that hacking is now professional career.

And those hackers know that businesses don't comply with regulations, they don't protect their data, and they leave themselves wide open to abuse.

So we would argue that there is still an element of risk connected with data breach so comfortably it would not be sensible to reverse out the provisions completely.

If the client does a lot of things and minimises the opportunity, then the risk could be reduced.

But to give you an example, we have a client that's looking to sell their business over a period of time, and they're working with us over three years not only to cleanse and clean their data to improve their processes, but also to ultimately tax plan the reversal of the provision out of their business because having that data clean and having that data secure does a couple of things, and the most important one of which means that it actually increases the value of the business because, if the business has a data risk, it could be devalued because of that risk on its sale.

So there are some good reasons why people would choose to reverse the provisions out, but it doesn't necessarily always have to be reversed out.

And over the past 14, 16 months that we've been doing this, that's probably the most common discussion that I have with accountants who are very, very familiar with provisions but have always been in the position where they're reversed out.

And probably the most obvious example of that is with PPI with the banks. All of the banks put billions of pounds worth of provisions on their accounts, and ultimately, when people couldn't make claims anymore, when the statute limitations passed and they were then reversed out of the business because simply that ceased to be a risk, so you know, PPI was a good example of how provisions work for the banks, all we're doing is simply doing a smaller scale version of that.

But unfortunately, unless you disconnect yourself from the Internet, you can guarantee nobody's ever gonna lose a mobile phone or laptop.

No data is ever going to be lost or compromised, and probably most commonly, nobody's going to send an email to somebody they shouldn't with data on it, then, unfortunately, you'll always have a risk. need to be reversed

Q: So, Mike, can you give me an example of maybe a business who has been through the process and may have been struggling and how this has helped them.

A: Yeah, that's a really good question, because when we first came up with the idea, we thought this would be really useful to people who were finding their cash flow a real struggle.

So we looked at putting a test case together with a client, and we went to see a call centre who had been trading for 15 years very, very profitably, very, very successfully.

But they found themselves in April 2020 with 36 furloughed with no outbound campaigns and sufficient reserves to run the business till August.

But if their market hadn't returned by then, they've been a lot of trouble.

So they were looking at alternative funding streams.

They were looking at other investment share issues.

They were looking at partnering with other companies, joint venturing, but as we got talking to them, we said to them, Look, whilst you're making all those decisions about what you're going to be doing with your business in the future, we have a process which could potentially return some cash to the business fairly quickly, so we had a look at their business.

We had a look at their accounts.

We ran the figures through the process, and we submitted a claim.

And four weeks three days later, the client received a check from HMRC of just over £88,000 which enabled them to be in a much stronger position financially to make some decisions moving forward with that business that they needed to make.

So that was helping a business that was in trouble and needed some cash flow.

One of the other examples that I'll give is with perhaps a slightly larger business.

We do a lot of work in the mergers and acquisitions field nowadays.

We're working with some insolvency practitioners on business turnaround as well.

So as businesses turn around and move out of their struggles with the investment, we see that as a great area where we might be able to assist them with cash flow, give them a bit of a cash injection.

But we had a client that went to see a couple of people in the mergers and acquisitions industry.

We knew these two M and A lawyers, and we knew them very well.

And the client turned up and they said, Look, we've got a £6 million online retailer.

The four of us would like to actually sell the business, probably in about five years time.

He wants to realise the asset.

It's not a legacy business we don't want to.

The kids are not going to take it over.

We simply want to cash out, take our money and move on.

So the lawyers said to the client, Look, you've got a lot of data.

You got a lot of personal data.

You got financial data.

We think it's really prudent to have a look at what risk that data poses to the business.

So they introduced us and we went through the process with them and we identified a couple of million pounds worth of risk.

So we ended up on a zoom call with them.

So there was the client.

There was the clients accountant and we hadn't met, and there was the lawyers and the lawyers started the conversation by saying, Look, CTR have identified a couple of million pounds worth of risk minimum with the data that you hold.

And in our opinion, a purchasing lawyer would weaponise that and say, Look, we will need to deal with that and we would devalue your business by the very least £2 million.

Now, as an interesting aside to that, they also shared with us the information and knowledge that in the UK last year that's 2020 65% of all mergers and acquisitions that didn't complete were withdrawn from sale because the purchasers devalued the business due to the risk connected to data to such an extent that in some cases up to 50% the businesses simply weren't worth selling.

So we know that people are weaponising data risk already in the M & A market.

So the bad news was that the business is now worth a third less than they thought.

But the good news was that, looking at their accounts, we were in a position to claim back just over £100,000 for them, in using our process.

And so I said, Look, you know, we would deduct our fees from that which would effectively leave you, just over £70,000 to invest in the business.

Now you can invest in the business in two ways you can invest in cleansing your data and putting that right.

And we actually have a product called Data Guardsmen, which does that very nicely.

Or you can use a third party.

You can get a consultant in to do all of that, which is fine.

But more importantly, you can also invest in the parts of the business that your prospective purchaser would be interested in so you can make your business much more saleable whilst at the same time cleansing your data now moving forward.

Once we go through our process, we would offer our clients a product called Data Guardsmen, which is a compliance and learning programme that is done, covering 24 modules, usually over a 12 month period.

And it puts the client in a much stronger and much more confident position.

And we also offer a review of where that leaves the client at the end of the 1st 12 months period.

Now that costs £2500 it's optional, but the majority of our clients decide that's a really good route to go through so they can see what effect all this has had during the 1st 12 months.

And as I drew breath having explained all of that the accountant introduced himself and piped up and he said So actually, what you're asking my client to do is spend £30,000 now to make at least £2 million or more in profit when they sell the business in five years time.

And in a nutshell, the answer is yes.

Now the plan with that particular client is that we will be reversing out the provisions over the next three years or so, so that when the business is sold in five years' time, it will have two years of clean accounts.

And, of course, it will also have our comprehensive report detailing where the breaches were, where the compliance now is and why the business is worth its full value moving forward.

So not only have we got the client money back, but have used some of that money to enhance the value of the business, and not surprisingly, the client only said one thing.

Where do I sign?

And we're really happy to be working with them moving forward.

Q: So, Mike, who isn't this for from a business perspective.

A: Well, first and foremost, like any process, it doesn't suit every business, and we're acutely aware that every single client we deal with is completely different.

But there are some pretty obvious no nos.

When we come across clients that sadly, we can't assist them.

The first one is that I've mentioned before.

One of the fundamentals of what we do is that the client must have paid corporation tax in the first place.

So if a client has a huge corporation tax bill, which is outstanding, that will be deducted from any claim that we make.

And we had an example of a client that came to us and we had identified about a £60,000 potential reclaim.

But then they told us during the first meeting that they actually had an outstanding bill with HMRC for around about £140,000. Well, that doesn't make sense at all, because we wouldn't be in a position to claim a fee for that.

And actually, you know, whole reclaim would be simply gobbled up.

So if there's an outstanding crown debt, that really might not be of value to a client.

The second thing really is if a business has taken all of its profits as dividends and it has no reserves in the business, then it becomes very, very difficult for us to make any kind of tangible claim whatsoever.

If there aren't any reserves. And we simply claim back that corporation tax, it could mean that we're actually putting effectively the director's loan account into a negative figure.

Which would mean that that money would have to be paid back either in nine months or interest at 32.5% would need to be paid.

Well, nobody with half a brain would ever recommend that to a client.

So that really doesn't make sense, either.

We have set an entry point of having paid £20,000 tax or more.

Not because we can't claim for less, but because we do actually charge a 30% success fee.

And in our opinion, a client might think Well, if they go through the process, is it worth it for £14,000?

If we claim back 20 and we take six as our fee.

Is it worth going through?

Well, perhaps less than £14,000. Maybe 10, maybe five.

And they're obviously comes a point where the whole process just becomes unviable.

It's not worth us doing it. And don't be under any illusions.

Yes, we get a benefit out of this, but we are very acutely aware that the client needs to benefit as well, so if it doesn't work for the client.

We don't move forward, and that's why we've set. the bar there, but generally, if those criteria are met.

And of course, I suppose the other thing that I haven't mentioned, is if the business is about to be sold, because the process, if you use it on the balance sheet and put a substantial negative on the balance sheet, it can have an impact, and the business wouldn't look as good as it could do with a clean balance sheet.

So if the business is about to be sold in the next 12 months, we've also recommended that perhaps this isn't the process for them, but other than that, as I was just going to say, we pretty much work with clients in every industry of a multitude of sizes and the claims that we worked on so far have ranged between £20,000 at the bottom end to over half a million pounds at the top end.

So we've got a broad variety of claims and a huge variety of success.

Q: Mike, how does this work for some of the corporate businesses? Larger businesses that have audited accounts, auditors to sign off, etc. Where is a win for them?

A: Well, that's a really, really good question, because we've primarily worked in the unaudited market.

So, that really hasn't been an issue for us.

But we do obviously understand that if a company in the UK is turning over more than 10.4 million, an auditor would need to get involved.

So where as traditionally with the smaller SMEs that we're working with?

We tend to go backwards two or three years to make those corporation tax reclaims with a set of audited accounts, by their very nature that auditors signed off to say that they are an accurate representation of the company's situation.

Now auditors effectively are accountants.

They're not data privacy lawyers, and we would probably say, Well, why would they know about GDPR?

Are how could they possibly identify that there was actually a risk connected with the business when probably the client themselves don't even know that?

But common sense tells us that if we press the point and we require the auditors to reopen the last two years worth of accounts.

It's a bit like opening a can of worms.

So what we've done with audited accounts is effectively when they make their next submission, we go through our process.

We understand what the calculation would be, and we can drop the provisions into the next set of accounts moving forward.

And in that way it becomes a legitimate, straightforward provision.

It's put in as part of the accounts, and it can be explained in a great deal of detail to the auditor satisfaction.

And from my point of view and from us as a business, it isn't just good enough for the client and their accountant to be happy.

We need the auditor to be 100% happy and understand what we do as well before we submit the claim.

Q: Mike. Why aren't accountants making businesses aware of the risks associated with their data.

A: Do you know what. That's a really, really good question.

Look, GDPR regulations only came in, in 2018.

And to be brutally honest, there was a big fanfare before they came in. And because the information commissioner's office who oversee those regulations and who oversee effectively the fines built in a grace period for people to comply, I think those regulations have been pretty much seen as a bit like the millennium bug.

It came, it went, and there were no problems.

Now there is a lot of misinformation about GDPR. But as I keep saying, the fundamental fact is that there are 99 rules to be followed, and I would probably suggest very politely, but I probably wouldn't meet anybody that would be able to list all 99 because they are complex and they are varied and so on and so forth.

So from that point of view, if you're a business advisor, if you're an accountant and you're doing everything to advise a business professionally, from a financial point of view, that's absolutely fantastic.

But why would an accountant know about data privacy legislation, I have met a few who have told me they know all about GDPR and they're totally compliant.

Yet they don't have privacy statements on their websites. They don't have cookie policies.

They you know, some of the basic things that you can see by just visiting a website.

So you do begin to question that.

But from our point of view, what we're not trying to do is appear clever and smug.

We're not trying to catch people out.

What we're doing is we're having confidential conversations with people explaining where the risks lie and trying to see where they are and what is a prudent practise.

But if you are advising the business and you have identified that there is a risk there, directors have a legal duty what we call a fiduciary duty to actually act in the best interests of the business.

And if the company has data and somebody hasn't asked those due diligence questions, what do you do with it? How do you use it

And bear in mind the fact that one of those 99 rules is that we should be checking our supply chains are compliant, so an accountant's client should be checking that the accountant is compliant.

But the accountant should be checking. Their client is compliant, particularly if they're doing their payroll, Where is that information coming from?

How is it gathered? How is it shared? Do the employees know that that's being shared with a third party?

So there are some pretty obvious disconnects there that perhaps might not be as obvious at first pass.

So working with a number of accountancy practises now and some very large and lots very small, we're sharing that knowledge we're sharing that information.

And those accountants are brilliant because they're going out to their clients and as part of their due diligence questions.

Generally they're bringing up data privacy, and they're bringing up security, and they're bringing up the potential risk connected with it.

And that can only be a good thing because you've only got to look in the papers every day to see people making claims about lost data.

And if you look on social media, you'll see that people have worked out now that if they're being contacted by a third party, they haven't given permission, and that data has not been taken in the right way.

That gives rise to a claim, and that affects every business in the UK that uses data.

So these are things that perhaps accountants and business advisors and professionals.

I don't want to single out accountants because, you know, clearly, until I learned all about it, I was somebody that didn't know.

And I've had to learn about this over the past few years, but it is a very complex area.

And if you are advising businesses, whether you're helping them to sell their business, whether you're helping them to develop their business, whether you're helping them to grow it by procuring new customers

and going through data so on and so forth, you need to be really, really aware of all those subtle things you need to do because you could lose that business at the drop of the hat if there's a data breach.

So I'd like to see us perhaps working more supporting accountants who do a great job with their finances by offering some great support with data privacy.

Q: I hear, some companies say they don't have a lot of data. How do you respond to that?

A: Well, clearly identifying a risk value is dependent and contingent on the company having data.

But when the data has a value between £1000 and £8000 you don't need an awful lot of data for those values, particularly if its sensitive to get quite high quite quickly.

Okay, So the first thing is that all data has a value, whether it's business to business data, whether it's data that's related to your customers, whether it's personal data, whether it's staff data, there's loads and loads of different types of data out there.

We make a point of asking about all the different types of data the company holds who is shared with how it's protected, and it gives us a 360 view of really where they are.

Now, one of the benefits of that 360 view is the fact that if the data isn't pertinent to our figures that we can actually discount it, but we can give a reason why we discount it.

But all data, I would probably say, has a value, and for that reason we need to pay attention to it and be aware of it.

Q: So, Mike, how does a business go about applying?

A: Well, we've made that really easy, because all the business has to do is click on the link below.

Put the details in, and we can start some preliminary conversations.

There's no obligation.

So, frankly, what have you got to lose?

£10 Million reclaimed

in 2021

We follow a simple, fully supported and proven process for making a claim. We walk you through every step and submit the claim on your behalf. All you have to do is give us approximately 45 minutes to answer straightforward questions about your business, supply details of Corporation Tax paid and appoint us – we’ll take care of the rest. Our clients can expect to receive a cheque within 6-8 weeks from submitting a claim under normal circumstances.

Eastham Hall

109 Eastham Village Rd

Eastham Village


CH62 0AF

Tel: 0115 882 9920


  Well Advised, Tax Saved