Local tax specialists, Alfay Tax Solutions is making the most of the services on offer from St Helens Chamber. The company has been in business for four years and provides business to business tax mitigation services that go beyond what standard accountants can offer.
Alfay Tax Solutions consists of four directors who between them have a wealth of experience in financial services and research and development. Director Lee Whitehead said: “We are advanced tax planning and reclaim specialists. We do things that the client or business owner can’t do themselves and that their own accountants rarely have the relevant expertise or perhaps time to do, as often a site visit is required to identify maximum benefit.”
We work in research and development and we have found that as little as 10% of businesses eligible for R&D Tax Credits have actually claimed. HMRC encourage people to make this claim and it is estimated that for every pound businesses claim back, it is worth six pounds to the economy.”
Lee continued: “Large accountant firms have specialist departments that work in these areas but the vast majority of accountants are not able to do it as effectively as we can, if at all. We’ve even made claims over and above where accountants have made claims and got more money back for businesses. We can also help businesses whether they be limited companies, sole traders or partnerships claim back fixed asset capital allowances.
“For example, for the cost of purchasing or renovating a commercial property. This is a vastly under claimed allowance which can be lost if not claimed within a legal timeframe.
Alfay Tax Solutions joined St Helens Chamber recently, after its directors received a recommendation from an associate.
Director Mike Johnson said: “We joined the Chamber a few months ago, we had been members of a previous Chamber but felt that we weren’t getting enough out of our Membership. We were told by a business associate that a good Chamber in the North West to join was St Helens Chamber. So now we are taking in everything that’s on offer from the Chamber including attending networking events and seminars.”
Mike and Lee also mentioned that Membership of St Helens Chamber is very competitively priced, considering the range and quality of what is on offer and the markers of excellence that it has gathered including Chamber of the Year and a Queen’s Award for Enterprise.
Mike said: “When we found out the benefits available from St Helens Chamber, we were impressed with the extensive service and we would recommend membership to other businesses. We’ve already discussed how to expand our business and although there are plenty of other services that don’t apply to us at the moment, they might do in the future.”
Alfay Tax Solutions also offers investment services in a range, providing clients with access to a diverse portfolio of equities and currencies involved in the development of new generation technology globally.
Chamber Membership provides businesses with access to a network of over 1,000 potential customers and suppliers, seminars and networking events. Members also enjoy the benefits of Chamber Protect, an integrated round the clock helpline covering Tax, HR, Health and Safety and Legal issues with downloadable documents, advisers and insurance included. Membership of the Chamber starts from just £99+VAT per year.
To find out more about joining St Helens Chamber, contact the Membership team on join now or call us on 01744 742072 to speak to our Membership Team.
