About The Claim
Wood Green Healthcare Ltd, a care provider specialising in looking after frail-elderly people with acquired brain injury and dementia, required support with a claim that covered general and special rate pool capital allowances, super-deduction, and structures and buildings allowance. The claim was against both build and fit-out costs to their commercial property and this included chattels.
Our Approach
An initial discussion with the client’s accountant is an important part to ensure key questions are discussed. We then carried out due diligence on the information requested. A proposal was then prepared to set out the potential tax saving benefit to the client. Once the agreement was in place with the client, a physical survey of the property was then carried out to prepare an inventory of items.
Our surveyors then prepared a valuation of the items included in the survey. The claim was then processed by our technical department to segregate the valuation into what was claimable and what was not claimable, as well as identifying the various allowances available. As part of the valuation review process we obtained detailed analysis of expenditure from the client. This information was then cross-checked against our surveyors’ physical survey to ensure that quantities and cost value of items were correct.
As part of the process a copy of the surveyors’ inventory was sent to the client for review and approval. After the valuation process had been completed a Claim Summary was then prepared. This set out the details of the claim and the projected tax saving benefits, together with details of the necessary entries in the tax returns which were then passed over to the client’s accountants for processing.
Examples of some of the embedded qualifying items that we found...
Nurse-call systems
Paxton access control system
Underfloor heating system
Passenger lift
An observation from our Claims Analyst, Christine Hunter...
“There were some complexities due to the nature of the case and additional work was necessary to ensure that the claim was accurate, both in terms of the quantities of items, and also the item values.”
“The team made our capital allowance claim easy and stress-free. They found valuable tax savings we didn’t know we could claim. The whole process was smooth, and their communication was clear and helpful. We highly recommend their services.“
Donna Donnelly | Development Director
“My overall experience with CARS was a positive one. The final information was presented in a format that was easily understood. I was initially concerned about meeting the deadline, but everything ran smoothly. I would recommend the team to others because their level of technical knowledge is great, and they achieved an excellent result for our client.”
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