Why Hotels and Bed & Breakfasts?
A major pitfall that many Hotel & Bed & Breakfast owners fall into is that they rely on their accountant to know everything about tax relief, and leave it to them. The truth is that they often don’t. Many accountants would be the first to admit this, and specialist companies working in the arena of capital allowances are required to make the claim and will often work hand-in-hand with the accountant to complete a claim.
Independent Hotels and Bed & Breakfasts properties have, however, been neglected by the major capital allowances practices due to the relatively low purchase prices and tax paid by the property owners. HJ & R Tax Solutions business model is to make capital allowances accessible and affordable for all and specifically target those properties that have never had the opportunity to make a claim, until now.
The Technical Tax Bit!
In a time where tax avoidance and evasion is heavily scrutinised and rightly regarded by society as unfair and immoral, many of the property owners we contact have been sceptical of the service we provide and the tax savings we promise. However, our claims are based on long standing UK tax legalisation (‘Capital Allowances Act 2001’), it is not a tax scheme or any form of tax avoidance. UK taxpayers have the same right to claim capital allowances on the kitchen you purchased with your commercial property as they would on a fridge freezer or cooker (assuming the qualifying criteria is met).
Below are links to some relevant technical guidance issued by HM Revenue & Customs:
Unfortunately, not all property and owners meet the criteria to make a claim, but those that do, can realise significant tax repayments and future tax savings
Why HJ & R Tax Solutions?
HJ & R Tax Solutions have a proven track record of agreeing claims with HMRC for Hotel and Bed & Breakfast owners. HJ & R have made claims for Hotels and Bed & Breakfasts properties from all around the UK and have developed a methodology and blueprint that enables us to prepare and agree claims swiftly with HMRC.
We have a network of very happy customers all over the UK. There is a good chance we have someone in your area who can share their experience with you.
Most importantly, we work on a completely contingent fee basis. There are no upfront costs or hidden fixed fees. If a claim is not successful, you don’t pay us anything! It really is that simple.
Let us help you unlock the tax savings available to you.
Want to find out if you qualify?
A member of our team would be pleased to speak with you to explain the claims and process in more detail and run through some basic questions to determine if you qualify.
Please email us with your contact details at email@example.com or call your local office.
Newport, South Wales 01633 386 017
Kidderminster 01562 829 484