Capital Allowances and Vat Consultancy
As part of Thomson Bethune’s growth strategy we have developed strong links with a wide
network of consultants across the UK whom which we can form professional teams tailored
to the needs of your project; as part of this strategy we have joined up with an Independent accountancy firm who specialise in property and construction taxation to offer a full suite of
advice.
Capital Allowances are a valuable tax relief on qualifying expenditure on buildings, plant and machinery used in the course of trade and is available to all taxpayers, to be offset against
taxable profits. Thomson Bethune along with their partners will not only take the headache out
of the tax process but will also help you identify your entitlement on your assets, relieve your
tax compliance burden and overall help you take positive action to put you in control of
the process.
We will also look at how businesses can reduce their overall environmental impact and become
more sustainable while identifying their tax entitlement under Enhanced Capital Allowances,
where businesses can claim 100% first-year capital allowances on their spending on qualifying sustainable plant and machinery.
This comes under three schemes;
- Energy-saving plant and machinery
- Low carbon dioxide emission cars and natural gas and hydrogen refuelling infrastructure
- Water conservation plant and machinery
Enhanced Capital Allowances can currently be claimed whether a business is in profit or not, effectively becoming a cash payment.
View Capital Allowances and Vat Consultancy Case Studies
Eastern Properties BMW & Mini Car Showroom
Kingdom Property Group KPG
Kingdom Property Group Stadium House
Glenmorangie Company Ltd
For more information about this service contact David Kirkwood.
davidkirkwood@thomsonbethune.co.uk
Also for additional information please visit the French Duncan website:
www.frenchduncan.co.uk