Care Homes

To ensure that your business is in the best position to take advantage, it is essential to work with accountants who specialise in working with care homes and already act for many clients in this sector – and that’s exactly what you will find at TWP.

Our specialist accountancy services will help minimise your tax liabilities, increase your profitability and build the value of your business. We can assist with:

  • Sourcing funding for expansion through our relationships with corporate finance providers across Surrey
  • Advising on the most suitable structure as your business grows
  • Outsourced bookkeeping and payroll services to enable you to focus on running your care home
  • Identifying new business opportunities
  • Tax planning when expanding your portfolio or selling a home, including the minimisation of Stamp Duty Land Tax

Another important consideration is to make full use of capital allowances and associated reliefs to generate significant tax savings when purchasing, selling or extending your care home.

At TWP, we have considerable expertise in this area and offer a complete capital allowances service that covers compliance, transactions and planning, both in the UK and abroad. This includes:

  • Preparing and agreeing capital allowances claims on new constructions, refurbishments and property acquisitions
  • Pre-contract enquiries and estimates of allowances
  • Statistically valid sampling for multiple property owners
  • Enhanced capital allowances reviews and planning
  • Long-life asset reviews
  • Tax-efficient building design
  • Retaining capital allowances on disposal

Call us to see how we can help you:
Andrew Goddon, Partner. Tel: 01932 704 700 or email: a.goddon@twpaccounting.co.uk