Tax Depreciation
Realising the capital allowances claims available to your business and identifying the true level of revenue expenditure within capital projects can help you to unlock significant cash tax savings.
Our team comprises of specialists in tax, accounting and surveying with an impressive track record across all industry sectors. Through developing our positive working relationship with HMRC we have been involved in working parties set up to draft new capital allowances law, putting us at the forefront of developments in capital allowances.
Key issue
Securing cash tax repayments – new cash savings from old capital expenditure
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 fifteen years, it will almost certainly have understated the level of tax depreciable expenditure and is likely to be sitting on unclaimed cash tax savings.
Download our full commentary document.
If you would like to discuss this or any other issue please contact our group partner, Peter Millwood.
Our solutions
- Generate significant tax repayments through the retrospective review of historic expenditure to identify missed tax relief;
- Secure enhanced capital allowances by identifying potential quick wins for our clients;
- Develop and implementing tax depreciation systems and internal processes to effectively record expenditure in order to manage risk, deliver cash tax savings and reduce compliance costs;
- Assist clients with HMRC enquiries and litigation appeals.
View our case studies to see how we have helped clients.
Useful links
Budgets and Pre-Budget Reports
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