CA Tax Solutions
About CA Tax Solutions
We have been involved in capital allowance identification in the UK and EEA member countries for over seven years. During this time our team members have been involved in generating over 50 million pounds worth of successful claims and are currently working on claims in excess of 95 million pounds.
The whole exercise is carried out in house. Our methods and processes have been accepted and approved by HMRC, and we have dealt with the vast majority of tax offices throughout the UK. All of our dealings with clients are on a strictly private and confidential basis. Whilst we employ qualified chartered accountants, we are not a firm of accountants, we are experts in the complex area of capital allowance tax legislation, and therefore do not offer or promote any other form of financial service. We work in harmony with accountants, tax planners and solicitors to ensure the process is completed in a timely and efficient manner. We do not employ any sales people as all of our business is referred to us, with over 70% of all enquiries being generated by accountants and tax planners on a repeat basis.
Our fee is only applicable when we have successfully completed your report and your accountant/tax planner has signed it off. We do not require any upfront fees or interim payments. Our service is further underpinned by PII (professional Indemnity Insurance).
Benefits & Services
We provide a dedicated professional service that consistently delivers the following benefits:
- Maximum capital allowance tax savings
- Complete confidence that capital allowances are being dealt with effectively
- Maximum efficiency, reducing time and complications to a minimum for our clients and their advisors
We are able to achieve this because of our:
- First class experience and expertise to meet constantly evolving demands in the field of capital allowance legislation with specific emphasis on making retrospective capital allowance claims
- Personal, responsive, tailored service to cater for our clients needs
- Accurate, detailed and robustly supported tax relief claim reports (allowing clients to confidently meet their self assessment obligations)
- Cost effective, value for money fees - we offer a no win no fee service, so there is no downside to involving us
Commercial Property Qualification
If you answer yes to the questions below, there is a better than 96% chance that we can save you considerable amounts of money and in many cases secure a tax refund.
- Do you own a commercial property?
- Did you pay more than £400,000?
- Is it held outside of a pension or SIPP?
- Are you a UK tax payer or UK tax-paying entity?
- Are you making a profit?
Qualification is simple and if your client meets the above criteria you should get in touch with me at:
CA Tax Solutions
Mobile: 07825 547676 or Office: 0300 303 1903
Email: david.oliver@cataxsolutions.com
Technical Support
We have a technical team on hand to answer questions relating to all elements of our service and capital allowance legislation. Simply call 0300 303 1903 and a member of the CA Tax Solutions team will support you. Email questions can be sent to david.oliver@cataxsolutions.com or bekki.tighe@cataxsolutions.com .
Process
- Complete the simple Client Information Form (CIF). Just a simple A4 which takes about 10 minutes
- Submit completed CIF to david.oliver@cataxsolutions.com
- Client receives a 5-10 minute call to confirm all details and gather additional information
- CA Tax Solutions obtain purchase, accounting and prior claim information
- Pre-claim specialists perform initial analysis to establish whether a claim is possible, valid and valuable
- Survey team carry out a full forensic site and property survey identifying each and every item
- Specialist tax report writers compile a detailed capital allowance report and calculation in line with HMRC guidelines
- Submit condensed five page summary report to client and client's accountant
- Gain approval and acceptance of the report from client and client's accountant
- Tax amendment/return submitted by client's accountant
- Invoice client
The average full process takes between 9-12 weeks.
Frequently Asked Questions
My accountant assures me they have already claimed everything/is this something they should have done?
Most accountants provide capital allowance (CA) advice. However this is a complex area of legislation, we are CA specialist; we have a more in depth understanding of latest CA law and practice. As such we are able to consistently generate significant extra value by identifying opportunities to increase and accelerate tax savings. We are not undermining your accountant/tax planner, in fact Over 70% of our business comes from accountants, proving that working in tandem gets the best results for clients.
Capital allowances claims are ideally suited to being dealt with on a stand-alone basis separately to other tax matters and we work alongside other advisers without any conflicts of interest or scope overlap issues occurring.
Will my client/I receive a tax rebate?
In the majority of cases, we achieve a healthy tax rebate for clients. When we identify the capital allowances your accountant is then able to amend your previous year’s tax computation. This means that if you have paid tax in previous years; your claim will result in a tax rebate.
Will this affect my capital gains tax or reduce the value of my property?
No. When you come to sell this will in no way affect you capital gains tax liability nor can you be taxed on a tax refund. Capital allowances are a right, not a privilege, and are not taken into account when property is valued for commercial or accounting purposes.
I bought my property 10 years ago. Can I still claim?
Yes.... at the current time It is possible to claim capital allowances in any later year’s tax return, as long as the assets are still owned in that later tax year. However there is a legislation change pending which will mean that older properties will require more urgent attention!*
* see mandatory pooling document.
It sounds too good to be true. There must be some hidden costs?
There are absolutely no hidden costs. Should we fail to identify an additional £25,000 in unclaimed capital allowances then there are no fees whatsoever. In short, there is absolutely no catch, if you benefit then so do we. You have paid this money out why not get some of it back.
Minimum Claim Guarantee and Fees
As part of our continued drive to be the premium choice of capital allowance specialist within the UK we have doubled our client guarantee from £25,000 to £50,000. All CIFs received from AIMS clients receive the following guarantee, should CA Tax Solutions fail to identify £50,000 of previously unclaimed capital allowances then there will be no fees whatsoever.
We are effectively offering our clients the chance to receive a benefit of £24,999.50 absolutely free of charge:
- 50% tax payer
- £49,999 identified
- £0 fee
- £24,999.50 benefit.
Our service is underpinned by full PI Insurance with a process and structure that has received ISO 9001 – Only CA Company in the country to have this accreditation.
Payment Structures
Individual/Partnership/LLP Option
- 1 Year - Survey fee + 7% of allowances identified
- 2 and 4 year payment plans available upon request.
Limited Company/PLC
- 1 Year - Survey fee + 5% of allowances identified
- 2 and 4 year payment plans available upon request.
- All FHL our now charged at 5%, the client may also utilise 1,2 or 4 year payment plans
Recap on qualifying criteria and minimum purchase thresholds
- Commercial property owner and UK tax payer/tax-paying entity
- Property not owned in a pension or SIPP
- Retail Properties minimum purchase threshold (Petrol stations, high street shops, retail warehouses etc.) = £400k
- Industrial Properties minimum purchase threshold (Industrial units, industrial/office units, warehouses, factories, workshops etc.) = £400k
- All other properties minimum purchase threshold (Offices, hotels, care-homes etc.) = £250k