About our client
Longfield Care Homes is an independent provider operating quality care homes.
Their homes are decorated and furnished with their residents in mind to provide a relaxing, comfortable and pleasant environment to unwind.
About the claim
We worked with Hallidays Accountants to review the Property Capital Allowances position for Longfield Care Homes Limited. Our claim resulted in a refund of tax paid and a benefit that will reduce the company’s tax liabilities over the next number of years.
If you acquired a property prior to April 2014, there is no time bar for retrospective claims; meaning a claim started today could take into account years of investment in ‘plant and machinery’, reeling in tax savings on each and every item. This creates a significant opportunity for a boost to the business’s financial position in the present day.