In response to our latest insights post, an owner of a care home just started their 6-week journey to claiming thousands of pounds of tax relief.
After inquiring online and estimating their claim through our free estimation tool, our tax specialists quickly determined that a significant claim could be made.
With a quick phone consultation, and a scheduled survey, this care home owner is only a few short weeks away from significant tax relief from HMRC.
Care homes owners are able to claim tax relief on items that are considered part of the property, such as air conditioning, heating systems, boilers, kitchen and toilet fittings, security systems and more.
Miguel Ramskill, Senior Claims Specialist, explains:
βOne of the strangest aspects of this subject is that whilst the commercial property a business or individual owns is quite likely their most valuable asset, they are rarely aware of the opportunity for tax relief that comes with it.
In the case of commercial property, you need a specialised team to determine the qualifying items embedded in the property, an understanding of how to use the statutory HMRC formula and an understanding of the complex tax rules. All of those skills can be applied by Embedded Capital Allowance experts.β
We only charged fees on the allowances identified, meaning our claim are risk-free exercises. Combine this with our flawless success rate from HMRC and you can see how HMA Tax continues to produce fantastic results for our clients.
To find out how much you could receive, visit our care homes page on our website and estimate your claim.
HMA Tax is an authorised supplier and partner of the National Care Association, this is a testament to our service across the care sector and the benefit we can produce for owners and operators.