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A recent collaboration between HMA Tax and Host & Stay has demonstrated just how impactful Capital Allowance claims can be for holiday apartment owners.

The partnership between HMA Tax and Host & Stay has yielded incredible tax relief for a client who recently acquired three furnished holiday apartments in Whitby, North Yorkshire. Here’s the story of how £99,000 in unclaimed Capital Allowances translated into a substantial £39,600 in tax relief for the holiday apartment owner.

Expert Property Surveyors

One of the strengths of this partnership is its ability to swiftly adapt to the needs of property owners. Recognising the importance of guest bookings and operational convenience, the properties were surveyed promptly on dates and times that aligned seamlessly with the guest schedule. This client-centric approach ensured minimal disruption to the property’s daily operations while still delivering exceptional tax-saving results.

Significant Value Identified

During the survey, HMA Tax identified £99,000 in unclaimed Capital Allowances across the three holiday apartments. These allowances are a crucial tax-saving mechanism provided by HMRC. They are designed to incentivise investments in eligible assets, such as furniture, fixtures, and equipment that are integral to the property’s operation. In this case, the unclaimed allowances represented a significant opportunity for tax relief.

£39,600 Tax Relief for the Owner

The diligent identification and documentation of these unclaimed allowances translated into substantial tax relief for the property owner. A remarkable £39,600 in tax relief was secured by , providing immediate financial benefits. This relief could be reinvested in the properties or used to enhance the owner’s financial stability.

Annual Investment Allowance (AIA) and Future Tax Relief

In addition to this immediate tax relief, the properties qualified for the Annual Investment Allowance (AIA). The AIA enables property owners to claim a significant tax rebate on their eligible investments. Moreover, these unclaimed allowances will continue to provide tax relief in the future, creating an ongoing benefit for the property owner.

Partnering with HMA Tax and Host & Stay

This success story underscores the incredible value that can be derived from partnerships that prioritise the financial well-being of property owners. By collaborating with HMA Tax and Host & Stay, property owners gain access to expert services that identify hidden opportunities for tax relief. There is also opportunity to enhance financial stability, and provide a competitive edge in the holiday apartment market.

If you’re a property owner, developer, or investor looking to maximise your tax savings, don’t miss out on the potential of unclaimed Capital Allowances. Contact HMA Tax today and explore how a partnership with us can lead to financial success for your property portfolio. Together, we can unlock the hidden value in your investments and create a brighter, more profitable future.

Miguel Ramskill

Associate Director

If you own a commercial property and would like to find out more about how your business could improve its tax situation, please call James on 01384 904090 or email for more information.