I BOUGHT/BUILT/REFURBISHED MY PROPERTY SEVERAL YEARS AGO, BUT HAVE NOT CLAIMED CAPITAL ALLOWANCES (OR SUSPECT I MAY HAVE UNDER-CLAIMED). CAN I CLAIM THE MISSED ALLOWANCES NOW?
Yes. It is possible to claim capital allowances in any later year’s tax return, as long as the assets are still owned in that later tax year. Even if you cannot find all the paperwork to prepare and support your capital allowances claim, our specialist skills mean we can often proceed successfully without this, and we are highly experienced at successfully doing so.
