Friday, 5 April 2013

Are you due a tax rebate? Nearly 12 months have passed since HMRC announced restrictions for capital allowance claims relating to commercial property. You have two years from the date of purchase to quantify the value of qualifying fixtures in which you can claim capital allowances and advise HMRC using a Section 198 claim. It is important to process the claim as it may affect the future sale value of the property. For more information contact Mr Ray Callingham on 01623 645705.

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