Dairy farm

Why Did Six Forward Get Involved?

This case was referred to us by the client’s accountant, and he stated that his client had incurred £612,000 of qualifying expenditure against refurbishments and additions. For the purposes of capital allowances, this could be beneficial to his client.

By gaining all the fixed asset registers and direct costs from the client, we were able to distinguish what plant and machinery qualified to start compiling a claim.

We had previously analysed some up-to-date HMRC cases that aided us when completing this claim. They helped us to qualify costs that we perhaps wouldn’t have thought were deemed allowable.

What Was the Outcome?

At the start of this case, it was unclear in which direction entitlement would allow us to go. Upon arrival at the survey, our surveyor discovered a huge amount of contentious items i.e., concrete, dairy equipment, a Hi-Flow backing gate and equipment to amplify the animals’ comfort and ease the farmers work. Most of the plant and machinery used advanced technology which increased the clients claim outcome. This resulted in high percentage of qualifying items.

Relevant Legislation For This Case

Capital Allowances Act 2001 – s11, s15, s176, s186

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