A Short Introduction to Curtis Plumstone Associates
Our capital allowances claims services for property / buildings are professional and highly competitive.
Land remediation means restoring contaminated or long-term derelict land and is an effective way for businesses to reduce their tax liability.
The Budget of 2018 announced the government will introduce a new Structures and Buildings …
I approached John Plumridge for a historical capital allowances claim on a furnished letting holiday complex of 4 cottages I bought way back in 2006. Things were complicated because I had significantly renovated the cottages since then. He agreed a reasonable fee – a percentage of any extra capital allowances claimable – and his colleague Nick Johnson visited the site within a few weeks. A few weeks later his report was emailed to me, which included £98K of extra Capital Allowances (written down value), and I can use 18% of this every year to claim as an expense against profit. Even as a lower rate taxpayer this will save me £20K in tax over the next few years, BRILLIANT!.
Both Nick & John were extremely friendly and helpful and I have not had any problem submitting my claim to HMRC. I would urge every FHL owner to consider making a historical capital allowance claim if they can – why pay more tax than you need? If you do want to make a claim then I FULLY RECOMMEND Curtis Plumstone, they did exactly what they said they would do, the process was painless, took virtually none of my time and has saved me loads of dosh – what’s not to like?
I did approach several other companies, most of them didn’t call back, had a much higher fee, were too pushy or I wasn’t convinced by their attitude on the ‘phone.
I was very happy with the service I received as well as the cost which was fair. Venator Property Management will be making a number of new acquisitions of commercial property in the next few year and I will definitely be back in contact with Curtis Plumstone. Alex Bonnet, Venator Property Management Limited, Bournemouth, Dorset.
Curtis Plumstone managed to identify capital allowances in excess of £575,000 for two of the nursing homes owned by our clients. This has resulted in substantial tax refunds in 2011 and reduced tax liabilities for 2012. We are grateful to John Plumridge and Nick Johnson for their professionalism and advice throughout and would highly recommend them. – Yogi Dhorajiwala CTT ATT of YD Associates.
Recent Changes in legislation served to highlight that one particular client could make more of the capital allowances on this hotel. With some research on different providers we are delighted we approached John Plumridge of Curtis Plumstone. John was able to meet with the client , address any concerns that the client had and provide a survey and report to support a very material claim for capital allowances. Having considered the report carefully we are quite clear that this would not have possible to prepare in house and specialist knowledge is a prerequisite. I would also add that John was very mindful of the accountant / client relationship and at no point did we feel our position was being undermined – remember that these allowances are there to be claimed and it just takes longer for some to submit their claim!! Jamesons Accountants, Witney, Oxfordshire.
Having made a very substantial financial investment converting our family run hardware retail outlet into a covered parade of smaller shops, on the advice of our accountants we decided to engage a Capital Allowances Specialist to obtain tax savings that might be available to us. We are most pleased we chose Curtis Plumstone who were professional throughout and produced very good results with minimum disruption of the business and a fee level below the competition. www.warwicklane.co.uk
Thank you very much for the help regarding our freehold commercial property, you managed to identity significant capital allowances to help reduce our tax liability on this property, without your expertise, these allowances would have been lost – 5 out of 5!
Wonderful news that the capital allowances on our office unit are so high and we can make a considerable offset against corporation tax.
Thank you for all your help John. Your team have been first class and we would not hesitate to recommend your service. Please pass on my appreciation to Nick as well. Glynne Pusey, Hollybank Rest Home, Botley, Hampshire.
I was not sure that Capital Allowance claims were something that really applied to my clients but after speaking to John I realised that there was a huge potential. We were working against a tight deadline with a client who was very slow to provide information but Curtis Plumstone bent over backwards and prepared their report in less than a month. The client, a partnership, reduced the January payments for both partners from £10k to £250 each with the allowance from a country pub. Clearly we ended up with a very happy client. I would wholeheartedly recommend Curtis Plumstone in the future.
I have had several offers to ’examine and re-assess’ my business tax position with regard to Capital Allowances. I’ve always referred them to my accountants who have generally said ‘no way’. When the C-P offer came in I was attracted by the ‘no win, no fee’ aspect. Referred it once again to the accountants who said ‘nothing to lose’ this time around. I decided to take the plunge and invite C-P to analyse as promised. Communications were good, the survey was non-intrusive (although one member of staff thought they were Estate Agents and I must be selling up!) and lo and behold, a few weeks later a substantial sum of money dropped into my account from above (HMRC). Apparently this will continue year on year – must be smoke and mirrors because I have never managed to get money back from the Tax God in this quantity. Happy to pay your invoices John – a job well done!’’ – Peter Sims, Hankham Lodge.
I have worked with John on a number of clients and have always found him to be knowledgeable and professional. His expertise in capital allowances claims is second to none and I wouldn’t hesitate to recommend Curtis Plumstone Associates to anyone needing help in this area.
Excellent Client service. Fast response, clear and easy to understand information.
I would thoroughly recommend John Plumridge.
The results on our commercial property portfolio surpassed our best expectations and we wish to express our appreciation for the professional and efficient manner in which the exercise was carried out. A.R. Morgan.
I initially approached four firms to get an idea of the best company to assess our capital allowances for our FHL in Saundersfoot. John from Curtis Plumstone was the most professional of the four, offering good advice and a competitive fee so the choice became obvious. The assessment was carried out by Nick in accomplished manner, an acceptable time frame and without any fuss. Communication was good as we were kept up-to-date with the progress. The final report and the allowances identified have made the whole exercise well worth our while. I’d recommend anyone else in a similar situation to use this firm.
Having completed capital allowances claims on our two serviced office buildings, we can highly recommend Curtis Plumstone Associates. We found their services very straight forward and flexible. The capital allowances claims they prepared for us exceeded our expectations and it has proven to be a first class investment.
The level of service provided by Curtis Plumstone was excellent. I would have no hesitation in recommending your services to other commercial property owners.
Let us take this opportunity to thank you again for your good services and we look forward to working with you in the near future.
“Thank you again for your services in completing a comprehensive capital allowances claim on our new build industrial premises”
Thank you for the claims report. It has been a pleasure working with Nick in this matter and we appreciate all his efforts in getting to grips with the documentation.
This was our 2nd claim and the team exceeded my expectations here, resulting in an impressive tax reduction. Special thanks to Nick for his professionalism and helpfulness, great guy. All in all, highly recommended – do it!
Professionalism, Quality, Responsiveness and Value. Totally professional service from John and his Associates. I would certainly recommend Curtis Plumstone.
Thank you very much for completing the capital allowances claim for the purchase of our Children’s Residential Home at 12 Oak Road and sharing the report. I will satisfy the invoice as agreed. I look forward to working with you next year to round off our contract, including the calculation of the capital allowance claim for the refurbishment of 12 Oak Road.
We engaged Curtis Plumstone to provide Capital Allowances advice on a FHL. From the outset, John and his team were very professional, knowledgeable and commercially competitive. I can recommend them to anyone looking to do the same in this sector.
We were in the process of selling a factory when we were asked about the transfer of Capital Allowances. This was unknown territory for us as we had no experience of it and even our accountant and our lawyer were unable to fully advise on what seemed like a minefield! We researched experts in this sector and discovered Curtis Plumstone. John was extremely helpful from the onset and he quickly gained our confidence with his knowledge and approachability. His team brought a successful claim to fruition in a very timely and efficient process which also expedited the sale of our property. We are very grateful for their valued assistance and fair pricing structure. We highly recommend working with this company without any reservation!
I can’t speak highly enough of my experience of dealing with John and Nick through the process of purchasing a commercial building and their ultimate help in arranging a capital allowance claim on the fixtures and fitting that existed.
Nick’s hard work and forensic approach ultimately saved us £16000.00 in corporation tax which for a small business like us was a fantastic outcome.
Thanks ever so much chaps really appreciate all your assistance.
First class job.
Do you own a commercial property either freehold or leasehold? Or have you spent a significant amount of money developing a rented property? Many of those who are entitled claim, have not claimed their full entitlement of capital allowances. Thus they have missed out on tens, if not hundreds of thousands of pounds in legitimate tax relief. This type of tax relief applies to “Plant & Machinery Fixtures” in commercial properties and is allowable under the Capital Allowances Act 2001 (CAA2001). It is in lieu of depreciation which is not eligible for tax relief. While “Plant and Machinery (P&M) Fixtures” is the technically correct terminology you may also see reference to “Integral Features” and “Embedded Fixtures”. All these terms relate back to P&M Fixtures.
If you are the owner of a commercial property (or have spent a significant amount developing a rented property) and pay tax in the U.K., it is worth investigating if your property expenditure qualifies. Also it does not matter whether the building is owned by an individual, partnership or through a limited company. You may be the landlord or run your own trade at the property. Capital allowances for commercial property expenditure will apply if the building has “Plant & Machinery Fixtures” you will you use to support your business activity.
As well as the general equipment you use for your work such as computers or photocopiers, you can make capital allowances claims for commercial property expenditure against “Plant & Machinery Fixtures” in your building.
There is no definitive list of these “fixtures” and identifying all of them and valuing them appropriately is what makes us Capital Allowances Specialists. Here are some examples of what may qualify
You may already be claiming some level of capital allowances tax relief for things such as computers and lose furniture but by ignoring “Plant & Machinery Fixtures” you may have underestimated the extent of what you may claim. If this is investigated by us, you may well be entitled to a sizeable tax rebate and many further years of ongoing tax relief.
Curtis Plumstone Associates make it straightforward to claim capital allowances for your commercial property. We have a long history of making successful capital allowances claims on behalf of our clients. If you think your commercial property could be eligible, contact us via our Capital Allowances Estimate Form or by telephone phone or email. We will provide a capital allowances estimate for your commercial property and advise you on your options. Unlike other professions we do not charge for general advice and guidance. We only charge when we are able to make a substantial claim.