Care Homes

TWP specialise in working with Care Homes and currently act for many clients operating in this industry sector.

Capital allowances and associated reliefs can generate significant valuable tax savings for property expenditure.

TWP has considerable tax expertise in this field and our skills enable us to provide tailored, innovative and proactive solutions to maximise our clients’ tax savings and reduce their risks.
We are unique in offering a complete capital allowances service, encompassing compliance, transactions and planning, both home and abroad.

Please click here to view a case study of a Major Tax Rebate for a TWP Client.

Compliance

Capital allowances are a right, not a privilege. However, taking up that right can be complex. Our services include:

• Preparing and agreeing capital allowances claims:
  • New construction and refurbishment projects
  • Property acquisitions
  • Remediation of contaminated land and buildings
  • Research & Development Allowances
• Statistically valid sampling – ideal for multiple property owners
• Enhanced Capital Allowances reviews
• Long Life Asset reviews

Transactions

Capital allowances are often overlooked when deals are in the offing. Thinking in advance about capital allowances can give you the upper hand, and generate additional tax savings. We can provide:

• Contract advice
• Pre-contract enquiries & estimates of allowances
• Entitlement reviews
• Acquisition and disposal advice
• Contributions advice

Planning

Planning can take many forms, from detailed structures down to effective use and timing of elections. Very often, minor “twists” can secure additional tax savings, without changing the commercial nature of the transaction. We can advise on:

• Tax-efficient building design
• Retaining capital allowances on disposal
• Accelerated tax relief planning
• Enhanced capital allowances planning
• Legal opinions