the captical allowances

Genuine Expertise

Our Latest Publications

Our Latest Publications

Capital Allowances: Transactions and Planning 2014/15

RICS Black Book Guidance Note

Other Books and Press Articles
Publications from The Capital Allowances Partnership Limited

Our Publications

Books

Press Articles

Services for Accountants

As we only advise on capital allowances and other property tax reliefs and do not audit accounts or look to provide tax compliance or general advice, all of our clients have their own auditor or tax agent who deals with all other tax matters.

We have worked with many accountancy firms, from individual practitioners up to top ten firms and are highly experienced at supporting other firms in this way. We like to work with accountants, rather than against them.

However, because we are specialists we have a different skill-set and are told we have a more in depth and up-to-date understanding of capital allowances law and practice than most accountants, who deal with capital allowances for substantial property expenditure less frequently than us. Many accountants have told us they do not feel entirely comfortable advising on capital allowances for property acquisitions and construction projects and so are professionally obliged to involve an appropriate specialist.

Capital allowances law is particularly complicated when second-hand property is purchased. Accountants can find it difficult to advise fully because calculating the capital allowances claim requires an apportionment of the price between land, buildings and qualifying assets. This is a surveying-based tax valuation exercise which is outside most accountants' skill-set and expertise.

We have also found that accountants can sometimes find it difficult to maximise capital allowances for new-build, extension or fitting-out/refurbishment projects. This is because they do not have the necessary background in construction technology and costing of assets that qualify for tax relief. And this is especially so where construction cost records are limited in scope or complicated (eg, 'design & build' or 'construction management' or 'direct labour' contracts), or for larger and more complex expenditure projects.

For difficult tax-technical or capital allowances practical matters we also provide expert opinions and resolve contentious HM Revenue capital allowances enquiries, as well as providing expert advice to the courts.

Send us a Message...

Give us a Call...

London and the East Midlands:-

Martin Wilson

Telephone: 0116 241 4148

Mobile: 07799 473 562

West Midlands, South West & Wales:-

Adam Garrad

Telephone: 0121 354 1338

Mobile: 07799 473 561

The East and South East:-

Steven Bone

Telephone: 01353 675 224

Mobile: 07880 711 368

The North, Scotland and Ireland:-

Steven Burchill

Telephone: 01506 811 561

Mobile: 07799 473 566

Our Latest Publications

Our Latest Publications

Capital Allowances: Transactions and Planning 2014/15

RICS Black Book Guidance Note

Other Books and Press Articles
Publications from The Capital Allowances Partnership Limited

Our Publications

Books

Press Articles