As an accountant, you’re always looking for ways to help your clients save money and improve their tax efficiency. One area that is often overlooked is capital allowances. By ensuring your clients are fully utilising these tax reliefs, you can add significant value to your services and strengthen client relationships.
What Are Capital Allowances and Why Do They Matter?
Capital allowances allow businesses to reduce their taxable profits by claiming tax relief on qualifying assets within commercial properties. Many business owners are unaware of the extent of allowances available, and as an accountant, you can play a key role in helping them benefit.
How Can Accountants Support Clients with Capital Allowances?
1️⃣ Identify Missed Claims – Many clients have not claimed capital allowances on eligible assets. Conducting a capital allowances audit can uncover these missed opportunities.
2️⃣ Advise on Property Transactions – Ensure clients consider capital allowances before purchasing or selling a property to avoid losing relief.
3️⃣ Work with a Specialist – Capital allowances claims require expertise beyond standard accounting. Partnering with a specialist can help you deliver better results for your clients without additional workload.
Why This Adds Value to Your Clients
Helps businesses reduce tax liabilities and improve cash flow.
Demonstrates proactive tax planning and strengthens client relationships.
Enhances your reputation as a forward-thinking accountant who goes beyond standard tax services.
Interested in offering capital allowances advice to your clients? Contact CA Select Limited today to discuss how we can support you.
