Today we have Louise from Barth Consulting in Capability House
Barth Consulting can help you with 100% legitimate tax relief – are you claiming yours?
As entrepreneurs and owners of growing businesses you will be thinking of expansion, moving premises, the amount of investment required and what it will cost you. It’s not too early to be thinking about the
tax breaks too!
Capital allowances:
Most business owners are vaguely aware that you can claim some of your expenditure back when you purchase equipment.
You know you can claim capital allowances on furniture, carpets, and air conditioning because that’s what is talked about the most, but your understanding stops there.
Property owners and occupiers should be checking to see if you can claim back up to 25% of your costs. And yes, tenants can claim too.
And allowances may exist in an older purchased property because of the quirks of the legislation.
Much reliance is placed on your business advisors to sort this out for you. Whilst accountants are numbers people, they are not construction specialists. Are they claiming all the qualifying costs for you?
Research & development:
Are you claiming or thinking about claiming back on your R&D expenditure?
If you think she could help you or your business, pop in and say hello!
Do you know if you are even doing any R&D?
Are you aware that the rules are tightening, and R&D claims are becoming the focus of HMRC’s revenue protection team?
You will need a trained eye to get this right for you and to be there for you when you get an enquiry into your claim further down the line.
If you’re curious about either topic and how it could benefit you or your clients come along for an informal chat with Louise Barth of Barth Consulting.
Knowledge is power but it’s also money for nothing ! ……………….. as the song goes.