The Book-keepers Forum (BKF)

Post Info TOPIC: Embedded capital allowances
Jay


Senior Member

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Posts: 262
Date:
Embedded capital allowances
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I wonder if anyone can give me a steer on this please.

I have a potential new client, subject to normal clearance etc, with one Furnished Holiday Let as well as the main business.

He advised that he had sold the FHL and was just awaiting  exchange of contracts. Not a problem in that the business is the main income.

I have since received an email from a company specialising in Embedded Capital Allowances who my potential client has authorised to make a claim on his behalf. This was not mentioned at our initial meeting.

I have to admit that other than reading about changes in these Allowances some years ago, I have since had had no reason to consider them further

I have contacted the previous accountant to speed up the clearance so that I will have sight of the related paperwork/Accounts,  but he was less than helpful, and its in the "pile" to do.

I understand that such allowances are identified by a survey of a property or business, but would this fall within the remit of an Accountant to arrange or is it normal to leave this to the "specialist companies"

 

BW

 

Jay

 

 

 

 

 



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