Taxadjusters were instructed by the client to carry out a Retrospective Capital Allowance claim in regard to his Care Home.

His own accountant recommended Taxadjusters having experienced our work with his other clients.

Following the detailed survey and valuation work a retrospective claim was submitted to HMR&C along with a detailed report resulting in the acceptance of the claim for £342,127. The client needless to say was very grateful for his accountants advice.

Holiday Lettings Business

Taxadjusters advised the owner of a holiday lettings business which was purchased for £1,260 million.

We completed a detailed room-by-room survey of the premises, recording the fixed plant and machinery of the business, which was still in use at the date of the survey.

Taxadjusters prepared a detailed assessment of the property, and found £196,409 of additional capital allowances to be claimed, being 15.59% of the freehold, therefore providing a just and reasonable apportionment as required by Section 562 of the Capital Allowances Act 2001.

Taxadjusters compiled a Report and delivered it to HMRC who accepted our figures and issued a repayment within three weeks.

Leisure Parks

The owners of several substantial Leisure Parks decided that they had nothing to loose and in spite of their scepticism they would instruct Taxadjusters to make a Capital Allowance claim on their behalf.

Following our due diligence process we carried out a very comprehensive site survey of one of the parks, to locate identify and record all the qualifying assets.

A detailed valuation of those qualifying assets along with a forensic analysis and processing exercise established a Capital Allowance claim in excess of £1.4million of previously unclaimed allowances.

As the clients were high rate tax payers owning the freehold themselves the net tax benefits generated as a result of our work was very very substantial.

The clients as you would expect were delighted and asked us to repeat the exercise for a second park they owned.

During the course of the second claim our clients received a substantial offer for the park, which they accepted and recommended Taxadjusters to the new owners.

The new owners duly instructed Taxadjusters to carry out the exercise for their company. And the result was that we identified £1.8 million of previously unclaimed allowances for the new owners!

Office / Residential Flats

Having carried out a detailed survey of the premises comprising of ground and first floor offices, plus a further 8 floors of residential flats previously unclaimed qualifying fixed plant and machinery still in use were recorded, and Taxadjusters prepared a detailed assessment of the property and found £230,000 of additional capital allowances to be claimed from a freehold cost of £2.1 million

This represented 11.81% of the freehold, therefore providing a just and reasonable apportionment as required by section 562 of the capital allowance act 2001.

Taxadjusters then processed and assessed the data, compiled a report and delivered it to HMRC who accepted our figures and issued a repayment within 28 days