Our core capital allowances services include the following:-
Entitlement to claim
We undertake a review of the project and our client’s trade so we can understand and establish the capital allowances claim entitlement
We review each design so we can identify the elements of the build which potentially qualify for capital allowances
We liaise with the various trade consultants, contractors and trade contractors to obtain the data needed to prepare the capital allowances claim
Capital Allowances claim preparation
Capital Allowances Claim preparation
Preparation of the capital allowances report including analysis of fixed assets and undertaking reconciliation to the statutory accounts including preparation of the Structures and building allowances statement
Submission of the draft capital allowances claim
We present the draft claim report and Tax Risk Review to our clients for sign off.
Submission of the final capital allowances claim
Submit the completed capital allowances claim report to the client and / or their Tax Main Advisors for inclusion in the Tax Return
One Reply to “THE CAPITAL ALLOWANCES CLAIM PREPARATION PROCESS”
I am a Chartered Quantity Surveyor, experienced in the production of capital tax allowances in building.
Do you use external consultants?