Securing cash tax repaymentsNew cash savings from old capital expenditure |
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Background
It’s time to take a fresh look at capital allowances. Recent developments mean that if your organisation has bought, constructed or refurbished buildings or property in the last 15 years, it will almost certainly have understated the level of tax depreciable expenditure and is likely to be sitting on unclaimed cash tax savings.
Key findings
With this new perspective, it’s possible to revisit your prior tax returns and identify new, often significant, cash savings – from experience this could typically represent an increase in eligible expenditure by up to 40%.
This commentary looks at where these savings can be made and how we can help you realise them.

