By combining in-depth automated analysis with deep technical knowledge, we help clients evaluate their capital expenditure, obtain the optimum tax relief and formulate long-term plans for managing their capital allowances.
As a business leader you make important decisions every day, requiring the ability to think strategically, prioritise courses of action and manage complex situations. When investing in assets such as real estate, fixtures or plant and machinery you can add significant value by considering your tax position alongside driving your business forward.
Our multi skilled team, including surveyors, tax accountants and engineers, can help, structuring transactions and quantifying costs to ensure you obtain the appropriate relief and allocate expenditure to the correct pools. We also often work collaboratively with HMRC and the Valuation Office Agency to agree your claim which can help to build a relationship with your tax inspector.
Utilising our specialist experience means you can be confident that your fixed asset processes are robust and deliver the required information to support your claims for tax relief in an efficient manner. We work with you to understand your requirements and apply best practice to deliver value through the asset lifecycle, from pre-acquisition planning to disposal.
At the core of our approach is a commitment to understanding how your fixed asset and cost processes are aligned with your broader corporate objectives, so we can help your business maximise its resources and reduce tax payable, supported by cutting edge artificial intelligence analysis software.
Here’s what we can achieve:
Feedback from a large property investor client:
“I have used EY for a number of projects over the years, and the team continues to impress. Expectations (of quantum of claims) are realistic, but are regularly exceeded, and delivery of service is exemplary. The team is proactive and responsive, and I have no hesitation in picking up the phone to them with any capital allowances related query, assured it will be dealt with as efficiently as possible.”
“Our team has a depth of technical experience and credentials across all sectors, from retail to renewables, and financial services to hospitality and leisure. We work alongside other tax teams in your sector to ensure we provide a joined up service, with a detailed understanding of your business, to help unlock the tax relief the business is entitled to. With our experiences of modelling, transactions and compiling and agreeing claims with HMRC, we believe we are best placed to assist you with your capital allowances requirements.”
Head of Capital Allowances
+44 (0)20 7951 3723
+44 (0)20 7951 0035
+44 (0)20 7951 0036
Power and Utilities
+44 (0)20 7951 7781
+44 (0)20 7197 9078
Senior Manager – North
+44 (0)161 333 2870
Senior Manager - Midlands and South
+44 (0)121 535 2536
Director – Scotland
+44 (0)141 226 9232
How can AI help you maximise your Capital Allowances?
Midweek Tax News provides you with a succinct overview of the key tax developments that have occurred each week.
EY’s Tax Insights help business leaders manage their tax by delivering industry news worldwide.
EY’s UK&I Tax practice operates in all tax disciplines, including business tax, indirect tax, international tax, transaction tax, and tax-related issues associated with human capital and compliance and reporting.