Many UK businesses have unclaimed capital allowances within their commercial buildings.
Whilst capital allowances on many moveable items may have been claimed, our team of qualified tax specialists in conjunction with an independent firm of RICS qualified Quantity Surveyors, can identify additional items that have remained unclaimed.
Through a detailed onsite survey and in-depth knowledge of the Capital Allowances legislation, we can in most cases secure you a tax refund.
There is no financial risk to you; the charges for the survey and claim are calculated as a percentage of the additional Capital Allowance identified and claimed.
The Howard Worth Survey:
A survey of the commercial building(s)
Valuation of the qualifying items of plant and machinery / integral features
Compilation of a comprehensive report for HMRC
HMRC claim defending
Recent successful client claims
A manufacturing facility was purchased in 2009 and we were able to identify 40% of the purchase price of the property which will be used to reduce future taxable profits.
An office and distribution warehouse was purchased by a logistics company client in 2010. The resulting claim for tax relief amounted to 27% of the purchase price of the property.
Who can claim?
Any commercial building eg:
- Care homes / nurseries / healthcare / gyms
- Professional services
- Hospitality and leisure
- Warehousing and distribution
- Commercial landlords
- Motor industry
- Professional practices.