N
No12
Guest
We recently completed a €1.5m extension and refurbishment to our workshop and offices.
A friend who is a quantity surveyor, mentioned that if we analysised or costs we could maximise our Capital Allowances. Our Accountant seems to think it is not worth analysing/separating our costs and would rather apply the depreciation (I think) to the whole of the costs over a long period.
The surveyor was indirectly involved with a detailed cost analysis of a much larger project - which gave very worth while tax savings (if saving is the right word) to the developer/client.
Questions are
1. Who provides these services outside of the large accountancy practices.
2. Is this worth pursuing given the overall value of our project i.e € 1.5m.
Thanks in advance
A friend who is a quantity surveyor, mentioned that if we analysised or costs we could maximise our Capital Allowances. Our Accountant seems to think it is not worth analysing/separating our costs and would rather apply the depreciation (I think) to the whole of the costs over a long period.
The surveyor was indirectly involved with a detailed cost analysis of a much larger project - which gave very worth while tax savings (if saving is the right word) to the developer/client.
Questions are
1. Who provides these services outside of the large accountancy practices.
2. Is this worth pursuing given the overall value of our project i.e € 1.5m.
Thanks in advance