Initial review FREE to members

What is a Capital Allowance Claim?

A retrospective Capital Allowance claim is an exercise where by embedded fixtures / integral features (items within the property that can not be removed without damaging it) are identified, valued and analysed to ascertain if they have been previously claimed.

Taxadjusters are able to identify qualifying items and place a value on them acceptable to HMR&C, even where no previous evidence was available to the client’s accountant, due to the fact a comprehensive site survey takes place, to locate, record and value those qualifying items.

So where a commercial property has been acquired (subject to the contract of purchase) original items still in use but not previously claimed by the vendor are now available for the benefit of the purchaser regarding Capital Allowance tax relief.

In most cases where the client is paying tax on trading profits a sizeable tax refund ensues with lower future tax bills.

This exercise also applies for new builds, extensions and current year claims.

Is it worth doing?

Claims carried out by Taxadjusters in the health care sector generate Capital Allowance claims of between 20% to 28% of the free hold acquisition cost.
Subject to the clients own tax position most claims lead to a significant tax refund and lower future tax bills.
If you own the freehold personally and are paying tax at the 40% rate a claim of £150,000.00 would be worth £60,000.00 to you with up to 43.75% paid to you by way of a tax refund from HMR&C. The balance used to offset future tax liabilities (writing down allowances).

A Capital Allowance claim is NOT a tax avoidance strategy and is your legal right. If you don’t utilize it, you will simply continue to pay more tax than you are legally required to.

Taxadjusters the chosen service provider

Taxadjusters only concerns itself with Capital Allowance claims and carries out the work entirely ‘in house’ and as such poses no threat to the existing relationship with your own valued accountant. This fact and the quality of our service is one of the main reasons we have been chosen as the Capital Allowance service provider for two of the largest networks of independent accountancy practices namely AVN and Probiz, who between them have 600 members throughout the UK.

Will you qualify?

To find out if you qualify for this one off exercise simply contact us and we will send you a presentation CD.
Tel:  0845 519 4734

Email: taxadjusters@completecarenetwork.co.uk

INITIAL REVIEW FREE TO MEMBERS

Taxadjusters can provide an initial review of your Capital Allowance situation free of charge to ascertain if they can generate a sizeable tax refund and lower future tax bills for you.

If the initial review identifies a potential claim and you instruct us to carry out this exercise, you will not face any up front fees and if Taxadjusters are unsuccessful there will be no charges whatsoever. So you really have nothing to lose and everything to gain.

If you have not had your property surveyed for Capital Allowance purposes there is a high probability that a successful claim could be carried out on your behalf in relation to items such as heating, sanitary ware, safety equipment, lift shaft etc etc.

Over 75% of our new business comes by way of referrals from satisfied clients and accountants.

This confidential service is carried out entirely ‘in house’ by Taxadjusters with your best interest, the essence of the service.