tax rebate

Thousands of Businesses Owed Tax Rebates on Commercial Property

Hundreds of thousands of small business owners could be due a hefty tax rebate from HMRC, according to capital allowances tax specialists, CA Tax Solutions. It says that any company that owns a commercial building has a high probability of receiving a capital allowances tax windfall to the tune of thousands or even tens of thousands of pounds. Businesses of all types could be eligible — from fish and chip shop owners, dry cleaners and dentists to grocery stores and estate agents. Research from accountancy firm Deloitte confirms that in nine cases out of 10, capital allowances reports will uncover a tax rebate for the owner of a commercial property. With about 1.4 million commercial properties in the UK, the numbers are potentially huge. Claims can be made historically and CA Tax Solutions ... »