A constructive and valuable way that accountants can help clients
15th Jul 2020
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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 find support with their cash flow
With the role of an accountant being more important than ever to support their clients, they are no doubt advising their clients to help the impact of Coronavirus on their business and are looking to increase cash flow where possible.
As tax relief incentives are still available, it could be a good time to capitalise on the opportunity to reduce tax pressures for those businesses facing financial challenges.
Take advantage and uncover the tax relief
If you/your clients are a UK taxpayer and have spent capital buying/improving a commercial property and have not had a survey carried out to highlight the qualifying items, then we encourage you to reach out to determine whether there are any hidden tax savings available.
Capital Allowances can be and are being utilised to relieve cash flow pressures and the exercise can help to reduce the stress and strain of the financial pressures. Our process is simple, hassle-free, cost-effective and in most cases, takes up to 6-8 weeks to complete. We do all the hard work for you. If you would like a conversation to discuss whether you are eligible to claim, please get in touch.
Potential Claims by Sector/Property Function
Understanding Tax Savings from Capital Allowances
An example of the tax savings available if a commercial property is purchased at a cost of £1,000,000.
Staying in touch
During these unprecedented times, advice from trusted advisers is vital and so it’s important for you to know that we’re available and able to communicate to show our support. Contact us today to find out if we help you to reduce your tax liabilities.
As one of the leading experts on capital allowances, our multi-disciplinary team has helped accountants and their clients to maximise tax relief against property expenditure. With over 19 years’ experience in highlighting embedded fixtures and fittings within commercial property that qualify for tax relief, our focus is supporting accountants...