Capital allowances specialists Â who needs them?
|Lane & LaneÂ¹s Donna Moore explains how care home operators may benefit from specialist advice| There cannot be many care home owners who have not been approached by one of the specialist capital allowances firms eager to prepare a claim for them in the last 12 months. The approach may have been by telephone, or via an unsolicited visit, but the message is much the same. The suggestion is inevitably that the accountant acting for the care home owner is not a capital allowances specialist, and therefore will not have claimed all of the allowances that are due. Some owners will be unwilling to upset their accountant by engaging the services of another firm to carry out this work, and this will especially be the case where the client/accountant relationship goes back a long way or where the accountant is a personal friend. The owner may wish to consult their accountant before proceeding, and be told that “everything has been claimed” or that the owner should not “rock the boat” with the Inland Revenue. How gall