Client Story
How we claimed £12,600 in capital allowances for a Chesterfield engineering firm
Client K runs an engineering and metal-fabrication business from a Chesterfield industrial estate. The Ltd company had invested in CNC machinery, fabrication equipment and a delivery vehicle, but the previous bookkeeper had simply expensed routine costs and hadn't identified the substantial capital allowances available.
We reviewed the capital expenditure. The CNC machinery, fabrication equipment, tools, the commercial vehicle and IT qualified for capital allowances — with the Annual Investment Allowance and, for qualifying new plant, full expensing for companies. We claimed the allowances across the open periods, significantly reducing Corporation Tax, and reviewed the director remuneration for further efficiency.
Total outcome: £12,600 of capital allowances claimed on machinery, equipment and the vehicle, materially reducing Corporation Tax, plus a more efficient director remuneration structure.