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Tax relief on losses
Many investors are unaware of this tax relief which is available to them once their shares become of negligible value. Our in-depth knowledge of this complicated area ensures claims are maximised for our clients.
We analyse Companies House records researching claims in companies that have filed for administrative receivership, voluntary or compulsory liquidation and identify other companies that we believe have shares which have become of negligible value. We then cross-check the shareholders against the strict selection criteria to establish which individuals are likely to be successful in making a claim for income tax relief in relation to their share losses.
We contact potential claimants by mail providing a notification pack. This makes recipients aware they are due a refund and explains our service which secures this for them. We can send authorisation forms and commission fee quotes normally by return.
Our team of tax consultants file the claim using the paperwork already held. We negotiate with the Revenue to bring the claim to a conclusion as promptly as possible. This normally leads to a cheque payment to you.