Louise has an in depth understanding of construction, procurement and how capital allowances can help UK tax payers reduce their tax bills. In addition Louise advises businesses if they are eligible to claim cash back against their expenditure on research & development (R&D)
Barth Consulting was set up in January 2017 to meet the increasing demand for independent advisors to large corporates, SME’s and individual investors.
Louise is an active member of the Bedfordshire Chamber of Commerce, Canadian Chamber of Commerce, FORE Business and a long-standing member of The Association of Women in Property.
Almost all commercial construction projects will contain assets that attract tax relief. In some cases the purchase cost of a second property may contain allowances. Expenditure on most types of residential property is excluded.
There is no definitive list of assets that qualify for capital allowances. Legislation, case law and guidance from HMRC must be relied upon, and of course 20+ years of experience in preparing claims and agreeing them with HMRC.
Barth Consulting works with accountants and tax advisors to prepare a fully audited claim report for inclusion within the tax computation. This report will be based on actual costs and a tax survey (if required). Early involvement by a specialist produces higher claims, however retrospective claims can achieve good results if tackled correctly.
75% of all eligible UK businesses are not claiming their R&D tax credits when they could and should be. The average annual claim is £67,000.
