Can you claim Inherent Capital Allowances

Can you claim Inherent Capital Allowances

Dental Partner has teamed up with tax surveyors Veritas Advisory who can advise on Inherent Capital Allowances, a significant hidden asset and cash benefit for the UK owners of commercial properties.

We are delighted to confirm Dental Partner has teamed up with tax surveyors Veritas Advisory who can advise on Inherent Capital Allowances. These allowances represent a significant hidden asset and cash benefit for the UK owners of commercial properties. Dentists and doctors are in a very strong position to benefit.

Inherent Capital Allowances are a complicated and complex tax area. However, few commercial property owners have taken advantage of  them. This has resulted in a considerable over-payment of tax. The complexities arise from the many stipulations and regulations relating to the detailed qualifying criteria.

For example:

For a dentist or doctor who has invested £100,000 in his surgery, typically the cash benefit could be between £17,000 to £45,000 depending upon the prevailing taxation rates.

Inherent Capital Allowances represent a significant tax advantage and cash benefit for claimants. The medical sector is well positioned to take advantage of this valuable element of UK tax legislation.

Veritas Advisory is a specialist expert in this field and provides clients with professional advice that is tailored to meet individual circumstances.

Contact the Dental Partner team for further information and introductions.

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Can you claim Inherent Capital Allowances

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