The Importance of a Comprehensive Site Survey
Identify Qualifying Items that Usually go Overlooked
One of the key services we offer is a detailed site survey. This process helps identify qualifying items within commercial properties that may not be evident from invoices alone.
Chris Booth, Partner at McKellens Chartered Accountants, shared his experience:
“We thought that we knew all the important stuff about capital allowances…after Paul Roberts had finished with us, we realised there was a whole lot more to be claimed than we first thought! In fact, CARS identified £58,000 of capital allowances over and above what we had already identified…”.
Our team of specialist surveyors and valuers meticulously inspect the property, identifying and valuing each qualifying item according to its purchase date, ensuring maximum tax relief is claimed. This alone is something accountants don’t have the capacity for without an outside source.
Expert Advice in a Dynamic Legislative Environment
Specialist Team
The landscape of tax legislation is continually evolving, making it challenging for accountants to stay current. Therefore inaccurate advice can lead to significant financial losses for clients and potential legal complications.
Our team includes property lawyers, tax specialists, and an ex-HMRC inspector, ensuring comprehensive coverage of all aspects of capital allowance claims.
Sarah Jenkins, Client Partner at Norton Accountancy Limited, attests to the value of our service:
“They take the time to understand my clients’ capital allowances position and offer insightful advice on how to maximise tax relief.”
By staying ahead of legislative changes, we provide accurate, up-to-date advice tailored to each client’s unique situation.
Read an interview with an Accountant who partnered with us...
Enhancing Client Relationships
Building Trust Through Results
Strong client relationships are built on trust and proven results. When clients see that their finances are handled meticulously, with thorough site surveys and maximised tax relief, their confidence in their accountant’s services grows.
Angie Barrett, an Accountant at R S Botham & Co, emphasises the importance of CARS’ expertise:
“The expertise that CARS brings to the table is invaluable when it comes to providing the best service for your clients. I have experienced first-hand the lengths they go to in ensuring a good quality claim is produced.”
We typically start with a trial case when partnering with a new accountancy firm, allowing them to experience our exceptional service without risk. Additionally, our no claim, no fee basis ensures that accountants can confidently offer our services without financial risk to their firm or clients.
Take a look at some of our case studies...
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Fun 2 Swim Ltd
Industry: Leisure & Retail
- £293,736
- 22%
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- £29,000,000
- £6,700,000
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Care Home Group
Industry: Care Homes & Surgeries
- £17,400,000
- £1,800,000
In Summary…
Partnering with us allows accountants to significantly enhance their capital allowance claims. This provides superior service to their clients. With our detailed site surveys, expert advice, and commitment to maximising tax relief, accountants can ensure their clients receive the full benefits they are entitled to. By improving financial outcomes and strengthening client relationships, we are a valuable ally in the pursuit of excellence in accountancy services.
If you would like to learn more about what's involved in working with us, please get in touch...
Latest News
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5 December 2024What Are Qualifying Activities for Capital Allowances?
Capital allowances are a key tax relief available to businesses for qualifying activities. They allow businesses to deduct the cost of certain capital expenditures related to these activities from their taxable profits, reducing their overall tax burden. However, not all purchases or investments qualify.... -
3 December 2024How Do CARS Assess Capital Allowances?
At CARS, we assess capital allowances and offer businesses and property owners a significant opportunity to reduce their tax liabilities by deducting qualifying capital expenditures. Here at Capital Allowance Review Service (CARS), we provide a thorough process to optimise these claims. Our goal is to...
Contact Us
Our expert team are here to help answer any of your capital allowances questions or enquires you have about your commercial property.