Restaurant

About our client

This restaurant is owned personally by their own Company. The rent received from the Company occupying the property created a tax liability for the Client. The combination of tax liability and documents showing the previous owners had not carried out the exercise of highlighting the Property Embedded Fixtures & Features (PEFFs) meant the Client would benefit from our expertise.

Due to the Client’s higher rate tax status, this meant the amount of tax that will be saved as a result of the PEFFs highlighted will total £35,352.