Don’t let your clients miss out
on unclaimed tax relief
96% of UK businesses are missing out on Capital Allowances tax relief, resulting in more than £70 billion left unclaimed.
The average Capital Allowance claim is in excess of £100,000.
With the sweeping changes in 2012 and 2014 in Capital Allowances, the risks of noncompliance are high; making expert input even more essential.
2020 Capital Allowances and STax are delighted to offer 2020 members a free client review, including cross checking records with the Land Registry, to highlight your clients which are most likely to benefit from a Capital Allowances claim.
If you want to know more about 2020 Capital Allowances or have a client who may benefit from Capital Allowances, please contact us using the box below:
“Stax have recently lodged a successful claim for our client who purchased a property. They undertook a survey and we received a comprehensive report back quickly. Stax made sure I was involved in every step of the process. Our client is extremely happy with the advice they were being given and the tax they saved! Andrew and his colleagues at Stax are extremely knowledgeable and the process was first –rate. I would definitely recommend them to other accountants.”
Claire Agasee, CAG Accounting Services
Capital Allowances allow clients to deduct some or all of the value of the asset from their profits before paying tax.
Less than 10% of businesses claim Capital Allowances on fixtures.
The 2020 Capital Allowances team can help maximize the claim value if clients are:
Owners of UK commercial property
Owners of multi-unit residential properties
Owners of Furnished Holiday Lets
Improving or renovating their properties
Selling or purchasing property
Examples of businesses that can claim Capital Allowances on fixtures and fittings
Which items qualify for Capital Allowances?
Clients that own commercial property (and some residential buildings) may qualify for Capital Allowances when they buy assets they use in their business or buildings e.g., fixtures.
These assets include:
Why refer clients to 2020 Capital Allowances?
In conjunction with STax, we have a large team of expert surveyors and tax specialists who are based throughout the UK and are on hand to help you and your clients.
”In the last decade STax have never
had a claim rejected by HMRC.”
The team of tax and valuation experts will carry out thorough due diligence on property transactions. They are experts in valuing allowances on both current and historic acquisitions. The team of experienced chartered surveyors can optimize and correctly categorise a claimant’s Capital Allowances.
Given the vast library of legislation and case law that underpins our tax systems, they have a team of experts that can help you and your clients.
”STax are not an accountancy firm;
they work with you.”
We will provide free initial reviews of potential tax savings and put together a bespoke marketing campaign tailored to you and your client base. Fees are competitively priced and only payable once the work is complete.
The whole process is made simple:
- Free client review meeting
- Research of clients properties
- Present results and engage with clients
- Survey of property
- Production of report
- Submit claim to HMRC
- Clients receive tax relief
More details coming soon!
More details coming soon!
Do baubles qualify for PMAs? The what, how and why of capital allowances – 9th September 2021
Land remediation relief, structural buildings allowance, annual investment allowance – June 2021
Capital allowance strategies when buying or selling – April 2021
Capital Allowances: The what? The why? & The how? – February 2021