This is the common answer when I try to explain to commercial property owners about claiming Capital Allowances for the plant & machinery in their premises.
The answer I give to that is "Unless your accountant has asked a 'Tax Qualified' Quantity Surveyor to survey the entire property and create a report with supporting photographs in a format acceptable to HMRC, then it is highly unlikely that you are getting all the allowances you are entitled to. And to compound the matter you may have been overpaying tax for some years.
It is a fact that only 4% of commercial property owners in the UK are getting all the allowances they are entitled to so why not get a specialist in now?
We are the Scottish representative for Portal Tax Claims who will do all that is necessary to get a possible tax repayment and extract the maximum amount of Capital Allowances for the future.
Contact us for more information: info@bridgewells.com
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