Roger Hannah

Change in Capital Allowances Legislation

Do you know how the change in legislation could financially affect you?

A government piece of legislation surrounding capital allowances was recently changed on April 1, 2014, instructing the identification of a ‘pooling requirement’ and a ‘fixed value requirement’ to be achieved at the point of sale. If the parameters of this new measure are not adhered to, any possible capital allowance relief available to either the purchaser or vendor would be lost forever.

Roger Hannah & Co understands this new requirement and has devised a structured system that has been tried and tested many times. They are also proud to announce that their nationwide coverage for capital allowance valuation reports has never been rejected by HMRC.

As the rules and regulations of this complex government legislation are vast, intricate, and forever changing, trying to understand whether you qualify for capital allowance tax relief or what you should look to expect as a financial benefit can be incredibly difficult to ascertain. For this reason, Roger Hannah & Co. will provide you with their specialist due diligence service for free, allowing you to make an informed decision “moving forward” on your commercial property asset.

Roger Hannah & Co. specialises in comprehensively claiming Capital Allowances and an average of £30 million worth of tax relief annually on behalf of commercial property owners nationwide. However, “rest assured,”  they are not trying to offer replacement accounting services; they solely specialise in this one area, achieving a comprehensive capital allowance valuation report that most chartered accountants and advisors must outsource to a third party.

The majority of their work is instructed by chartered accountants, solicitors, and IFA’s with whom Roger Hannah & Co. already holds an abridged partnership agreement.

By using Roger Hannah & Co.’s five-step process, your tax relief could be provided to you within an average 2–6 month turnaround, and their fees are only invoiced on a contingency and performance basis.

Contact the Capital Allowances Department at Roger Hannah & Co. on 0161 429 1662 for a free consultation and due diligence service and to ascertain if your commercial property qualifies for and warrants a beneficial Capital Allowances Tax Relief.

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