We know that many companies and individuals are missing out on millions of pounds of tax savings that are not currently being claimed on commercial properties. Many commercial property owners believe they are claiming all the Capital Allowances they are entitled to. However, they are not claiming the true value as finding the embedded allowances is a very specialist task. New rules enforced in April 2014 also create an added pressure to understand the requirements needed to satisfy the new legislation. Every commercial property transaction holds both opportunity and risk, therefore we aim to support Clients and Advisors ensuring this is done correctly. There is currently a misconception that Capital Allowances are no longer available however the opposite is the case and in fact under certain circumstances, there is no time frame on how far back we can go.
Who We Are:
We are a specialist company that highlight embedded fixtures, fittings and features within a commercial property that qualify for tax relief.
We are seen as a premium provider in the market place due to our experience, technical knowledge and approach to cases. We have been in business since 2003 and are associated with a set of multi skilled staff who have been operating for 60 years.
What We Do:
- A successful claim can result in a substantial reduction to a Companies’ Corporation Tax or an Individual’s Income Tax liabilities resulting in significant tax refunds and reduced tax bills.
- Protect property advisors against new legislation for commercial property transactions after April 2014.
Who we can help:
- Companies or Individuals that have spent capital acquiring or improving / extending / refurbishing a commercial property, that are in a profitable position creating a corporation or income tax liability.
- Companies or Individuals looking to buy or sell a commercial property.
If you would like to speak to an expert, please contact us.
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.