SME News - 2018 Midlands Enterprise Award Winners!

Capital Allowance Review Service is an innovative Midlands based company dedicated to the tax benefit available from commercial properties, resulting in significant recovery and reduction in tax liabilities for its valued clients.  Having recognised the firm in this year’s Midlands Enterprise Awards, we profiled it to showcase the secrets behind its incredible success.

Capital Allowance Review Service offers its clients property tax consultancy services that can enhance any business and help it to achieve ongoing success.

As a team, Capital Allowance Review Service is strengthened by a set of multi-skilled staff that has been operating for over 60 years.  These include Chartered Accountants, Tax Experts, Ex-HMRC Inspectors, Surveyors and many other qualified individuals to ensure that the firm reaches the highest level of due diligence.

Thanks to the expertise of its team and their dedication to supporting clients in gaining tax benefits, over the years Capital Allowance Review Service has obtained numerous new clients and satisfied recommendations and continues to improve their levels of service using their strength and skills throughout the industry.

With specific expertise in the often-misunderstood realm of capital allowances, the firm is able to offer clients the benefit of their advice and ensure they get the tax savings they deserve.

Team of people cheering

Capital Allowances are a way of obtaining tax relief on certain types of capital expenditure, subject to the asset qualifying under legislation and are treated as a deduction against taxable income or taxable profits.  A claim for allowances is not affected by the passage of time, for example, unclaimed qualifying allowances from 10 years ago can still be available to claim in the current financial year.

The aim of capital allowances is to give tax relief for the reduction in value of certain capital assets used by a business, by letting the business write off the costs of the assets over a number of years against the taxable income of the business.  Capital Allowance Review Service supports its clients and their advisors to make the most of this benefit.

Ultimately, as one of the leading experts on capital allowances in the UK with 15 years’ experience, Capital Allowance Review Service is able to meet the needs of a range of clients, and moving forward it will continue to offer the award-winning support and services that it has come to be renowned for.

CARS directors

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