Cedar Real Estate Developments – A Case Study
At Complete Capital Allowance, we have countless satisfied clients for whom we have secured significant tax relief for capital allowances.
Here’s the story of one such client…
Introduction
Cedar Real Estate Developments is a property developer and letting agent based in the Midlands. Established in 2014, Cedar was unaware of capital allowances and how they could apply for tax relief.
In the words of a Cedar Director, “We did not know what to expect. We were unsure of the HMRC capital allowance benefit, what it’s designed for and how my business could benefit?”
Previous Knowledge of Capital Allowances
“I’m normally tuned into things, and this left me asking why I hadn’t investigated sooner and why my accountant hadn’t spoken to me about it either. If I’d claimed in the years before, it would have been a huge help.”
Complete Capital Allowance demystified the complexities of the subject of tax relief, simplified the language in a way that was easy to understand for the client and made it clear on how and why my business was eligible.
At Complete Capital Allowance, we estimate that over 90% of businesses have not applied for the tax relief they are eligible for.
The Lightbulb Moment for Cedar Developments
“When Matthew took me through the detailed research he had conducted in preparation for our video call – he walked me through how the relief works and how much, based on his assessment of the facts, I would be eligible for. I was just about to pay a rather large bill, and this made things a lot easier for me. That’s for sure!
At Complete Capital Allowance, we have a six-step process for making your capital allowance tax relief application. We undertake all the heavy lifting, and following our validation stage, we have a 100% success rate.
The Benefits of Capital Allowances for Cedar Developments
“Really easy question. Absolutely, it’s helped hugely in terms of cash flow. In the future, it allows me to invest a little more back into my business and reward my people.
The Cedar Director added, “Getting a revised statement from the HMRC on Corporation Tax liability. It was only the month before looking at how to secure additional funding for a project, and this intervention and relief helped hugely in not having to borrow.”
Tax relief is deducted from Corporation Tax, so it acts as a tax reducer. In turn, this frees up capital allocated to pay tax, which can now be applied to other areas of the business.
Sum up your Experience with Complete Capital Allowance?
Simple – “Easy to understand, all my questions were answered without jargon in a way that was relevant to my business.”
Personal – “All the content, data, facts and detail were personalised; it was all about me and my business. A real white glove, boutique feel to the process end to end.”
Relevant – “No huge sweeping statements; I was taken through the calculation Matthew had arrived at, but whilst it seemed complex, it was presented in a way that made each part relevant.”
Your Complete Capital Allowance Recommendation
“Thank you! It’s small businesses like mine that need external expertise in an area which, on the surface, may seem complex. You’ve genuinely helped me secure relief that I was eligible for, and you’ve left me educated in how Complete Capital Allowance works, too!”
We're here to help you
We have a comprehensive list of frequently asked questions which will answer any questions you may have about capital allowance. If you would like to speak to one of our team please contact us using the WhatsApp button at the bottom of the screen.