Minimising Withholding Tax

Who may benefit ?

Companies incurring expenditure on brownfield sites or the refurbishment of existing properties.

Why

Non-resident companies receiving rental income from UK based property suffer income tax on the rental income sent overseas.  Bank interest can usually be deducted when calculating the tax withheld, but so can capital allowances.

What we do ?

We prepare fully disclosed capital allowances analyses for use by the offshore companies’ tax agent to use to reduce the amount of withholding tax levied.