Members who own commercial property, including HMO’s, could be in line for substantial tax benefits from unclaimed capital allowances within their properties. They are a legal entitlement and claiming them could considerably reduce their tax liability and may even result in a refund from HMRC.
The government has introduced new rules on capital allowances in the Finance Bill 2012 and this could affect many owners, whether they are selling, buying or holding property as investment. Members should act now and seek appropriate advice to claim what is rightfully theirs.
It is vital that an owner should obtain a capital allowances report that is fully HMRC compliant so that any tax benefit will be maximised. Portal Tax Claims is the UK market leader providing this service and they have 100% success to date in HMRC claims.
Portal offers a no obligation consultation for members to assess the viability and potential for capital allowances in their properties
For further information please call the office on 01634 733144 or email firstname.lastname@example.org