Dove Rock, Cornwall
The property was bought for £1.76million, and a full survey was completed to ensure that all allowable items were claimed. Wandsworth identified £485,000 worth of allowances for the purchase claim.
A £420,000 renovation and addition to the property took place; mainly refurbishing the balcony, steps and car parking area which were no longer fit for purpose. Wandsworth identified an additional £110,000 of allowances for this capital expenditure.
In total, our clients were able to put their Capital allowances claim forward of c.£595,000 equating to c.£235,000 cash benefit.
We engaged Wandsworth to complete a comprehensive review of our Capital Allowances position. A process that can be resource and time intensive for businesses internally, was handled with experience, expertise and skill. Wandsworth were able to assist us to maximise our potential tax relief with their specialist knowledge in this area. Throughout the process the communication was excellent and the team were a pleasure to work with.
Julia Gosling
(Kerry Food Group)
The services provided were great and we achieved a fantastic result on both our capital allowances and research and development claims. Their advice and insight has been really helpful on our recent projects. We would be more than happy to recommend them.
David Foulis
(Honest Burgers)
Wandsworth are standout advisors in this specialist area. Their advice greatly benefits our clients and further enhances our comprehensive range of services for building owners redeveloping their properties.
Sean Cleaver
(Corep)
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Many clients are unaware of the potential benefits of capital allowances. As one of the first ports of call for a client you, as a property professional are very well placed to inform your client about the benefits of capital allowances.
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