Specialist Services for Care Homes

Capital allowances and associated reliefs can generate significant valuable tax savings for property expenditure.

TWP has considerable tax expertise in this field and our skills enable us to provide tailored, innovative and proactive solutions to maximise our clients’ tax savings and reduce their risks.
We are unique in offering a complete capital allowances service, encompassing compliance, transactions and planning, both home and abroad.

Compliance

Capital allowances are a right, not a privilege. However, taking up that right can be complex. Our services include:

Preparing and agreeing capital allowances claims:

	New construction and refurbishment projects
	Property acquisitions
	Remediation of contaminated land and buildings
	Research & Development Allowances

Statistically valid sampling - ideal for multiple property owners

Enhanced Capital Allowances reviews

Long Life Asset reviews

Transactions

Capital allowances are often overlooked when deals are in the offing. Thinking in advance about capital allowances can give you the upper hand, and generate additional tax savings. We can provide:

Contract advice

Pre-contract enquiries & estimates of allowances

Entitlement reviews

Acquisition and disposal advice

Contributions advice

Planning

Planning can take many forms, from detailed structures down to effective use and timing of elections. Very often, minor “twists” can secure additional tax savings, without changing the commercial nature of the transaction. We can advise on:

Tax-efficient building design

Retaining capital allowances on disposal

Accelerated tax relief planning

Enhanced capital allowances planning

Legal opinions