
DEVELOPING TAX SAVING OPPORTUNITIES ON PROPERTY EXPENDITURE
Opportunity
Save tax by claiming capital allowances on the capital expenditure incurred on property. Achieved by identifying the correct level of expenditure incurred on machinery or plant in the care sector.
We work closely with the client and their accountant to identify the opportunity.
Solution
Carefully consider and gather the required information from the client and their accountant.
Prepare our initial report and proposal which covers: estimate of capital allowances, net tax saving and professional fees (targeted at less than 50% of 1st year tax saving).
Saving
£40,000 net tax saving on a £700,000 acquisition of a care home that had been owned for 4 years
£500,000 net tax saving on a £6.8m care home portfolio with a mixture of 2nd hand acquisitions and capital expenditure
£280,000 net tax saving on a £2.5m new 60 bed healthcare dementia unit
Team
Highly experienced within the care sector and specialist capital allowances team with over 60 years of experience led by Ian Sutton.
Offices in Tonbridge, Kent, Manchester and Kingsbridge, Devon.
Future Opportunities
Looking to work and develop relationships with clients and their accountants to identify, develop and deliver net tax savings through capital allowances opportunities.
To explore these opportunities we invite you to contact our Director Ian Sutton:
E info@suttons-ca.com
W www.suttons-ca.com
T 01905 758 024
M 07545 696 564
To download 'If you don't ask......' a capital allowance story and how it could help you, click here
To download 'Cutting the cost of building work' how a well structured tax claim can cut net development costs by 10% or more click here