Physiotherapy Clinic in Cheltenham
A Physiotherapy Clinic was purchased for Β£280,000. Our team conducted a full review of the property and discovered Β£64,400 in unclaimed Capital Allowances.
Capital Allowance claim for a modern Physiotherapy Clinic in Cheltenham
A commercial property owner sought HMA Tax’s expertise for a physiotherapy clinic enterprise in Cheltenham. Purchasing the property for Β£280,000, the property owner wanted to ensure maximum Capital Allowances were identified and claimed.
Our Approach
Our team conducted a thorough review of the property’s purchase details and associated costs. Despite assurances from the owner’s accountant that all allowances had been claimed, our analysis revealed a significant portion of unclaimed Capital Allowances.
Identifying Β£64,400 in unclaimed allowances, which amounted to 23% of the property’s purchase price, our team compiled a detailed report outlining eligible assets and their corresponding values. Collaborating closely with the owner’s financial advisors, we ensured that allowances were maximised for the business.
Our approach led to the physiotherapy clinic owner achieving a significant tax saving of over Β£12,800, unlocking the full potential of their investment.