We do not charge accountants for successful Capital Allowance claims. The service is designed to assist businesses in maximising their Capital Allowances, and fees are charged to the client based on a percentage of the identified tax savings. If no claim is available then no charge is incurred. It’s crucial to discuss the fee structure with us and communicate this transparently to your clients.
Capital Allowances are tax deductions that businesses can claim on certain types of expenditure for commercial properties. These include machinery, and equipment that are used for business purposes. These allowances enable businesses to offset the cost of these assets against their taxable profits, reducing their overall tax liability. Understanding and maximising capital allowances can significantly benefit businesses by improving cash flow and reducing their tax burden.
However, not everyone is familiar with the rules, regulations and eligibility surrounding Capital Allowances. Explore our FAQs to learn more
