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Step By Step Guide to Capital Allowances Follow our step-by-step guide to understand how to claim capital allowances for your clients and how to avoid some common pitfalls. What qualifies for capital allowances? If your client has spent capital buying, and/or improving commercial property, they may be entitled to tax relief.  A proportion of the…

Taking Advantage of Capital Allowances Over recent months, the team at Capital Allowance Review Service has successfully completed claims for many clients, old and new, securing them on average, more than an incredible 30% of their property costs! It’s beneficial to bring in the Capital Allowance specialists to complete an analysis of expenditure and carry out…

A constructive and valuable way that accountants can help clients It has been reported in recent news, that many SMEs are unlikely to meet the tax liabilities in six months’ time as a result of the Covid-19 pandemic and are forcing businesses to adapt its strategy to survive the ongoing financial crisis. Help clients to…

Capital Allowances Overseas Landlord An Overseas Landlord is taxed on UK property gains from April 2019, there has never been a more important time for property owners and advisors to be aware of the tax advantages available via Capital Allowances. Changes in legislation have focused property owners, and their advisor’s attention in recent years resulting in…

Unlock Hidden Cash in your Property We can imagine, like us, you are currently adapting to the new ways of working (and living). We realise many businesses will be affected by the pandemic so wanted to share some thoughts on a solution to better work together during this time.  We would welcome your thoughts in…

Capital Allowance changes 2020 The Chancellor announced a number of changes to Capital Allowances at the Budget 2020 yesterday. Key Changes to Capital Allowances are: Structures and Buildings Allowance (SBA) SBA was introduced on 29 October 2018 will be increased from 2% to 3% per annum from 1 April 2020 (companies) and 6 April 2020…

Property Capital Allowances Many businesses and their advisers will think they’re already doing this! What is Capital Allowance? Capital Allowances allow commercial property owners to claim qualifying items of capital expenditure as a tax deduction and are a valuable tax relief.  Property Capital Allowances can recover tax paid and reduce taxes for companies and individuals…

Capital Allowances Guide – Everything You Need to Know In order to properly address your taxes, it’s important to understand all that you can about how taxes are handled. Learning about capital allowances will help you claim credits that will reduce your tax bill. So what should you know about capital allowances? Read on to…

Capital Allowance Tax Relief could be lost Learn more before it’s too late! In 2014 new legislation came into force that dictated how Capital Allowances should be treated at the point of disposal or acquisition of a commercial property owned by a UK taxpayer. These New Rules continue to be very misunderstood and the consequences…

Maximise Property Embedded Capital Allowances for 2018! We would like to remind you that the deadline is approaching to complete Self Assessments for 2018/2019 and for amending 2017/2018 Tax Returns! Now is the opportunity to review your tax position and consider if you can benefit from claiming for the Embedded Fixtures and Fittings within your…