Capital Allowances & R&D

Zeal will share part of their fee with Bicknell Business Advisers Limited for successful claims  

For new generation tax advice, do it with Zeal!

We are working with Zeal to find better ways for our clients to benefit from tax incentives and efficient structures. As specialists in capital allowances claims and R&D tax credits, Team Zeal’s experts will revolutionise the way you think about tax and shine a light on any untapped savings hidden in your business.

 

Get a quick quote!

Why not get a quick estimate of how much tax relief you could be owed for unclaimed allowances in your business property using our Capital Allowances calculator or to discover what your innovation may be worth using our R&D Tax credits calculator!

 

Capital Allowances Explained:

If you own a business property, you can claim tax relief on the embedded fixtures that were in the building when you purchased it. In other words, if you were able to turn your building upside down, it is the fixtures and fittings in the fabric of the building which did not fall out that would qualify. This includes electrical, heating and ventilation systems, kitchens, bathrooms, carpets, drainage, alarms and much more.



·       For most building types, owners can reclaim between 20% and 40% of the costs spent to buy, refurbish or build the property.

·       A claim on these fixtures could represent a substantial tax saving and, in most instances, cash repayments of tax from HMRC.

·       As a complex area of tax legislation, most property owners are unaware that they are eligible to claim, HMRC estimate that 8 out of 10 business owners are missing out!

·       Due to the need for surveyors and expert tax knowledge, it is often misunderstood or overlooked and is not something an accountant would have already claimed.

·       Zeal offers a technical survey of your building, at our own cost, to determine if you are entitlement to claim.

To date, Zeal has a 100% success rate on our submitted claims and our clients receive on average £33,000 in tax relief per property!

Watch our short explainer video for more info.

 


R&D Tax Credits Explained:

R&D tax relief is an extremely valuable tax incentive for companies undertaking research and development. The team at Zeal are Chartered Tax Advisors and have a wealth of experience in preparing and submitting claims and liaising with HMRC. They specialise in R&D tax and have worked with start-ups to FTSE 250 businesses across many different sectors.

·       Unlock substantial tax relief or cash credit for your new project or innovation

·       Zeal can help whether you’re at the start of your journey looking to make your first claim or have been claiming for many               years.

·       With Zeal as your trusted advisor, you can be sure all your qualifying business activities will be captured and claimed for.

·       Zeal provide training so that you can learn more about how R&D Tax Credits apply to your business.


We work closely with CATAX on Capital Allowances, R&D Tax Credits and Grants. Please note that CATAX may share part of their fee with us on successful claims and referrals.

Capital Allowances tax relief offsets the hidden expenditure in your commercial property.
Typically, this includes elements such as air conditioning, wiring, heating, lighting and security systems – essentially everything that would remain in the building if you tipped it upside down!
All UK taxpayers that own commercial property, personally or within a Ltd Company, may be eligible to claim Capital Allowances tax relief. The eligibility and value of the claim depends on multiple criteria and assessing this is complicated, however, we can take this stress off your hands.

CATAX help businesses to navigate the grant landscape and identify the most appropriate grant funding. Once a funding option has been identified, their team of expert bid writers work with you to extract all the relevant and necessary information to make a strong & compelling application. 

CATAX have claimed thousands of pounds in R&D Tax Credits for clients and working with CATAX we have created an audit tool to help you check if you can claim, here is the link  http://rdtaxtool.com/Bicknell-Business-Advisers