What would you do if your Capital Allowance claim was questioned by HMRC?
In the event of a completed claim submitted by us being queried by HMRC, you can be assured that we will defend your claim and deal raised queries until finalised.
HMRC always has the opportunity to question the due diligence and structure of a Capital Allowance claim. Therefore, it is crucial that all claims are correctly prepared and fully researched before submission.
There are a number of disciplines that are required to complete a Capital Allowance claim. It is important to understand that not all providers will support all aspects of the claim they have made.
Our Pledge to You:
We support all aspects of the claim from start to finish
* * *
We will interact with HMRC directly until all aspects are resolved
* * *
There are no time constraints on our support
* * *
There are no additional charges irrespective of how long an enquiry takes to resolve
* * *
However, it should be noted that if a claim is reduced as a result of an enquiry, fees are refunded in line with the reduction which means the Client will only pay for the Capital Allowances they can benefit from.
The claims arise due to the complicated nature of the laws governing Capital Allowances and the frequent changes that have taken place over recent years. It takes our specialist commitment and knowledge to remain up to date with such legislation, and consequently, to recognise all assets that are eligible for Capital Allowances, in particular, those that are inherent within property. This usually arises from a lack of detailed information available to the Accountant when claims are made. However, Capital Allowance Review Service has the skills and expertise necessary to overcome these hurdles and to submit a comprehensive claim to HMRC.
If you would like to speak to an expert, please contact us.
Latest News
-
1 October 2024Our Founder, Paul Roberts, Retires From CARS
Over 25 years ago Paul Roberts founded our company and created the successful firm it is today. It is with mixed emotions that we announce Paul’s retirement from Capital Allowance Review Service (CARS). While we will miss his leadership and unique sense of humour, we recognise that he deserves to spend... -
12 September 2024
The High Cost of Overlooking Capital Allowances
Understanding tax benefits and capital allowances is crucial in the world of property investment. Overlooking these aspects can result in significant financial losses. This article explores a real-life case where a couple’s lack of knowledge and expert advice led to a costly mistake. Early involvement...
Contact Us
Our expert team are here to help answer any of your capital allowances questions or enquires you have about your commercial property.