Capital Allowances: The Best Way For Business To Recovery From Covid-19?
As we approach the re-opening of the UK and Western Economies following the Covid-19 Pandemic, and businesses plan for their recovery, cashflow management has become the key area of focus for all businesses.
UK Government Tax Incentives exist to promote investment and sustainability in real estate assets for Landlords, Tenants and Owner Occupiers.
These incentives are referred to as Capital Allowances and are obtained through savings in Corporation and Income Tax. Obtaining the relief is not an automatic process and the tax rules are complex and often misunderstood. As a result, many businesses miss out on the tax relief available to them.
A Capital Allowances review of your current and historic capital expenditure could potentially generate savings that will reduce not only your upcoming Corporation and Income Tax payments but potentially generate a Tax Repayment as a result of Tax Over payments in earlier years.
Capital allowances consultants support property transactions to optimise tax relief opportunities associated with real estate acquisitions, disposals, development and leases.
This can be an area that businesses can maximise claims against their historic tax payments and provide a much needed boost to their cashflow in these highly uncertain times.
THE FULL BENEFITS OF A CAPITAL ALLOWANCES REVIEW ARE SUMMARISED BELOW:
• Improvement on investment returns
• Realise cash savings and the associated cash flow benefits
• Reduce direct and indirect business costs associated with managing your tax compliance
• Delivery by a professionally qualified team with industry leading expertise
• National coverage across all property and industry sectors
WHY CAPSURE TAX?
Capsure Tax is an industry leading Capital Allowances Advisory Firm which specialises in securing all the available tax incentives in relation to expenditure on the following Assets: –
• Commercial offices
• Retail
• Warehousing & Logistics
• Hotels
Our experience ranges from preparing capital allowances claims for standalone projects through to providing a total capital allowances outsourcing function for our clients.
We have developed a claim preparation methodology which not only ensures capital allowances claims are HMRC compliant but are consistent across all projects. We also ensure each project is risk managed in accordance with our Client’s tax risk profile.
