Retrospective Portfolio Review

Who may benefit ?

Any taxpayer that has incurred expenditure on the acquisition or construction of property assets and who now wishes to identify additional value from those properties.

Why

There are numerous reasons why full capital allowances claims may not have been made in the past. ┬áNot being aware that claims could be made; not being taxpaying when the expenditure was incurred; belief that claiming capital allowances would increase future Capital Gains Tax; belief that someone else had already claimed all the allowances; inadequate cost details – are all reasons why claims might not have been made. ┬áProvided the assets still belong to the taxpayer, retrospective claims can be made in current tax returns for that historic expenditure.

What we do ?

We assist designers and project cost managers to structure project documentation so that the presence, costs and support documentation for making claims to the Enhanced Capital Allowances.