Capital Allowances Services

We provide a fully comprehensive service to complete the evaluation of Capital Allowances, including:-

  • Providing pre and post acquisition advice to establish capital allowances entitlement and, where necessary, ensure that the pooling requirements under s187A CAA 2001 are addressed.

  • Liaise with legal and other professional advisors to assist with CPSE Enquiries, together with the preparation of draft contact provisions and Election Notices under s198 and s199 CAA 2001.

  • Examine all relevant legal, contractual and construction documentation to enable us to progress claims in accordance with HMRC requirements.

  • Assess capital allowances claims that may previously have been made to establish whether there is any scope for enhancement.

  • Carry out detailed property inspections where necessary, to identify all relevant fixtures, plant and machinery etc., which are eligible for tax relief and prepare Statements of Qualifying Expenditure.

  • Prepare claims that demonstrate the expenditure meets the criteria of the CAA 2001 and other relevant legislation, to withstand the scrutiny of both HMRC and the Valuation Office.

  • Where required, negotioate and agree claims with HMRC and the Valuation Office to their maximum benefit.

  • Assist with the preparation and completion of Elections under s198 and s199 CAA 2001.

  • Prepare Sales Aid illustrations, when required, to provide an approximate estimate of the likely level of qualifying expenditure available to a prospective purchaser.

 

For more details on how we can help you, contact us for more information.

  • Examine all relevant legal, contractual and construction documentation to enable us to progress claims in accordance with HMRC requirements.

  • Carry out detailed property inspections where necessary, to identify all relevant fixtures, plant and machinery etc., which are eligible for tax relief and prepare Statements of Qualifying Expenditure.

  • Analyse all expenditure into the relevant financial periods and allocate the qualifying expenditure into the relevant pools.

  • Prepare claims that demonstrate the expenditure meets the criteria of the CAA 2001 and other relevant legislation, to withstand the scrutiny of both HMRC and the Valuation Office.

  • Where required, negotiate and agree claims with HMRC and the Valuation Office to their maximum benefit.

  • Assist with the preparation and completion of Elections under s198 and s199 CAA 2001.

  • Prepare Sales Aid illustrations, when required, to provide an approximate estimate of the likely level of qualifying expenditure available to a prospective purchaser.

  • Provide an on-going monitoring service of annual expenditure to ensure the maximisation of tax benefits.

  • Provide advice and prepare claims for expenditure qualifying for Structures and Buildings Allowance and Land Remediation Relief.

  • Provide advice and prepare claims on repairs and maintenance qualifying as Revenue expenditure.

 

For more details on how we can help you, contact us for more information