Most accountants provide some capital allowances advice; however, we have consistently been able to generate significant extra value by identifying opportunities to increase and accelerate tax savings. This is even in situations where our client was initially sceptical that we would be able to add any value beyond their existing adviser.

There’s no doubt that your accountant will have an established routine for assessing capital allowances and therefore it’s important to stress that we’re not questioning their ability. We look instead to enhance the level of capital allowances claimed by introducing additional disciplines that add value to their work.

Accountants are restricted to the information provided to them and therefore are too often unable to maximise claims, resulting in businesses paying higher taxes. We work alongside accountants to maximise the tax benefits available by claiming the capital allowances on the embedded fixtures and fittings within their client’s commercial properties.

Capital allowances are part of standard business routines. The claims ensure you are claiming the right amount. Problems with HMRC would only arise if claims do not qualify or items claimed do not exist. The knowledgeable team, which includes an ex-HMRC inspector who dealt with capital allowances, will, ensure that any claim satisfies HMRC’s requirements.

Yes. Where invoices are simply not available, our process creates the detail that HMRC require to show proof of expenditure.

When you come to sell your property, this will in no way affect your capital gains tax liability nor can you be taxed on a tax repayment. Capital allowances are a right, not a privilege, and are not taken into account when property is valued for commercial or accounting purposes.

Yes. It is possible to claim capital allowances in any later years’ tax return, as long as the assets are still owned in that later tax year.

Yes. In our experience it is always best to identify
capital allowances qualifying expenditure promptly. Firstly, you may have other income or profits elsewhere in a group of companies that the capital allowances can be set against. Secondly, when you become profitable and have used all your carried forward tax losses, then the capital allowances will be invaluable. Many allowances can also be ‘disclaimed’, which means identifying and agreeing the amount qualifying for tax relief up-front, but choosing to defer claiming the relief until it is actually needed. However, on many occasions we have seen businesses short-sightedly failing to claim capital allowances because they are loss-making, and then not claiming in later profitable years when they need the relief.

There are absolutely no hidden costs, or no catch.
We offer a free initial review to establish whether you are eligible to claim. Costs are purely contingent based on a successful result.