HMA Tax provided my clients with an excellent service, identifying over £3m in allowances for them collectively. This has been a valuable exercise for my clients and for my firm.
Helping your Clients identify unclaimed Capital Allowances
If your clients are commercial property owners and pay tax in the UK, then they could have the potential to claim tax relief in the form of Embedded Capital Allowances on their property. Your clients may be unaware that their property could be holding thousands of pounds of unclaimed tax relief based upon allowances on items such as air conditioning, kitchen and toilet fittings.
Whilst we understand that you as the accountant will be picking up on expenditure that can be claimed when you see the invoices, many items may be mislabeled or hidden, and you would need a specialist team to identify these allowances, such as the one we have here at HMATax, which includes a chartered surveyor, chartered tax advisor and a quantity surveyor.
Why partner with HMA Tax?
FREQUENTLY ASKED QUESTIONS
No, Capital Allowance claims do not effect the value of your property and don’t make any change to your Capital Gains position.
No, we submit all our claims to HMRC for approval and the refund comes from them. Our reports are very detailed and ensure HMRC have all the information they need when processing your claim.
Absolutely not. We look at claims for you on a results only basis, which means that if we do not find allowances that have been approved by HMRC, then we charge you nothing and any initial costs are covered by us. Our fee is completely linked to a successful outcome, so there is nothing to lose by investigating a potential claim.
Purchased for £250,000 with unidentified Allowances of £66,250.
Purchased for £650,000 in 2003 we identified Allowances of £193,000
Purchased for £1.6m in 2012. Allowances of £368,000 identified.