This month, HMA Tax has been acknowledged as an authorised supplier and partner of the National Care Association. This recognition is a testament to our service across the care sector and the benefit we can generate for owners and operators.

The primary service that benefits the care sector is the award winning embedded capital allowance claims service.

Embedded capital allowance claims unlock tax relief associated with items held within a commercial property. Due to the valuation procedures and complex statutory policy associated with these claims, a specialist team of surveyors and tax experts is required.

Typically we would expect to find around 35% of the original purchase value of the property in unidentified capital allowances. Recently, we identified £227,000 of allowances for a carehome purchased for £600,000.
This translated to a £91,000 tax refund, so it’s definitely an exercise worth doing and not something your account or bookkeeper would normally have claimed for you.

Karmen Freimuth, Head of Partnerships

HMA Tax helps thousands commercial property owners each year in identify unclaimed capital allowances and receiving significant tax relief.

Our service is guaranteed to be fully HMRC compliant to get our clients the maximum tax refund. We specialise in Capital Allowances tax relief and our expert in-house team work exclusively in this niche area of taxation.

To find out how much you could receive, visit our care homes page on our website and estimate your claim.