Capital Allowances – Our Six Step Process to Tax Relief

If you haven’t applied for capital allowances on your commercial property, you might think it’s going to be more trouble than it’s worth.

At Complete Capital Allowance, we are here to make life easy for you.

You might think your Accountant claims all tax reliefs on your behalf, but in reality, many do not. As a result, you could be missing out on £1000’s due to you from HMRC.

Let Complete Capital Allowance take you through our process…

1. Consultation

We discuss the history of capital allowance claims and how they may impact your property during the initial appointment. We require some basic information that will enable Complete Capital Allowance to pre-qualify your statement claim. The purchase price, the date it was built, the type of property, and the location of the tax records.

2. Validation

A member of the technical team will analyse the case, determine whether you have the right to submit a claim and estimate any potential tax reductions. At this stage, we have a 100% success rate for all capital allowance claims that are moved forward.

3. Survey

A qualified team member will conduct a remote capital allowances survey of your property. In 99% of cases, we do not even have to visit the property! We have sophisticated software tools and access to the land registry, previous sales data, and other information that can assist in the survey.

4. Report

When the survey is finished, our technical team compiles a report evaluating the building’s structure, the surrounding area, and all the property’s qualifying fixtures and fittings. We will then show you a preview report for your approval.

5. Submission to HMRC

We forward the report to HMRC after the CAVR (Capital Allowance Valuation Report) has been approved. If necessary, Complete Capital Allowance will handle any queries from HMRC.

6. Tax Relief

To date, we have been 100% successful in submitting applications for our claims. The capital allowance tax relief can be applied to either Personal or Corporation Tax. It is only at this stage that Complete Capital Allowance submits our fee.

In conclusion, our comprehensive “Guide to Tax Relief” through capital allowances ensures you maximise the tax benefits available for your commercial property.

At Complete Capital Allowance, we simplify the entire process, from initial consultation to securing tax relief. Our six-step process—Consultation, Validation, Survey, Report, Submission to HMRC, and Tax Relief—guarantees a seamless experience, allowing you to claim the tax reliefs you rightfully deserve.

With our expertise and 100% success rate in submitting claims, you can be confident that no potential tax savings will be overlooked. Don’t miss out on substantial financial benefits; let Complete Capital Allowance guide you to your tax relief today.

What are you waiting for?