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Capital Allowance and Cost Reduction Specialists

Browsing Posts in Tax Benefits for Day Care Nurseries

Salmon Business Group are sole providers of Capital Allowances for NDNA member

Salmon Business Group are sole providers of Capital Allowances for NDNA members

Salmon Business Group are now the  provider of Capital Allowances to all NDNA members.

Salmon Business Group were shocked as to the number of day nursery owners who have not yet taken advantage of their most lucrative tax benefit – Capital Allowances.  A Capital Allowance claim quite literally holds to keys to unlocking £1000’s in overpaid taxes, as well as providing on-going tax relief for future years.

The amount of tax benefit you can expect to acheive will vary dependent on the total acquisition cost of your building together with any subsequent improvements you might have made. The other consideration which have a bearing on the total identified tax pool will be the rate of tax you pay.

With such a large number of nursery owners who own the freehold to their day nursery having not made this claim, Salmon Business Group approached the National Day Nurseries Association in order that we may offer this valuable tax allowance to all its members.  If you are already a member of the NDNA you can expect to hear more news on making your Capital Allowance in their next newsletter.  If however you are not a member of the NDNA, don’t panic – simply visit call us direct today and ask to speak with one of our tax specialists and discuss your potential claim.

Call Salmon Business Group on 01246 293011
Alternatively, visit our web site for further information -
www.salmon-business.com

acquisition cost of your building together
with any subsequent improvements you
might have made. The other
consideration which is have a bearing on
the total identified tax pool will be the rate
of tax you pay.The amount of tax benefit you can expect
to acheive will vary dependent on the total
acquisition cost of your building together
with any subsequent improvements you
might have made. The other
consideration which is have a bearing on
the total identified tax pool will be the rate
of tax you pay.
Capital Allowances

Capital Allowances

How Much is a Typical Capital Allowance Claim Worth?

Whilst every case is different, and each sector has its own expectations, as an average we would hope to identify additional capital allowances of some 20% – 35% of the freehold cost.

Below are some typical examples and amounts we have successfully processed.

benefits
OFFICES:
A claim in excess of £146,000.00 was acheived.
__________________________________________________________________
benefits
CARE HOME:
A claim in excess of £374,000.00 was acheived.
__________________________________________________________________
benefits
HOLIDAY PARK:
A claim in excess of £360,000.00 was acheived.
__________________________________________________________________
benefits
CARAVAN PARK :
A claim to date for a single park was £1.8 Million
__________________________________________________________________
benefits
HOTEL:
A claim in excess of £169,000.00 was acheived regarding an extension to the hotel. Our largest Hotel claim to date is £2.7 Million.
__________________________________________________________________
benefits
DAY CARE NURSERIES:
A claim in excess of £62,000.00 was acheived.
__________________________________________________________________
benefits
HOLIDAY COTTAGES:
A claim in excess of £126,000.00 was acheived. Our largest claim to date in this sector was £196,000.00
We will quickly identify the validity of a claim without obligation. If a claim does not proceed there will be no fee.

Your next step

To get a more accurate figure as to the amount you are entitled to please contact one of our Capital Allowance specialists where we can arrange a suitable time to visit you.

Call 01246 293011

Your next step
To get a more accurate figure as to the amount you are entitled to please contact one of our Capital Allowance specialists where we can arrange a suitable time to visit you.
Call 01246 293011

Assisting Day Care Nursery Owners in Reclaiming and Reducing Their Taxes

If every nursery owner has a different idea of what their ultimate “Wish List” would look like (a list of educational equipment and safety features they would like to incorporate within their business), then they all certainly have the exact same obstacles in acquiring their list – this being the  NECESSARY FUNDS to pay for them!

IF ONLY WE HAD ENOUGH FUNDS TO BUY……….

The plain and simple fact is that the vast majority of day nursery owners do have access to £1000’s in the form of a tax rebate from years of overpaid taxes.

HOW TO RECOVER YOUR OVERPAID TAXES

The process of reclaiming your over paid taxes is available in the form of a Capital Allowance claim.  Capital Allowances have been created by the government and allows business owners the ability to offset taxable profits against the purchase of capital assets for your business, and a tax payers right to claim.  Providing you have paid tax on any profits you made within the last 2 years, then you will be entitled to make a retrospective capital allowance claim and receive a lump sum in the form of a tax rebate.  Also by making your capital allowance claim you will also automatically begin to reduce the amount of tax you pay in future years.

The result of your capital allowance claim will allow you to purchase your “WISH LIST”

Capital Allowances are somewhat of a specialised area, and in order to fully maximise your potential claim you are advised to seek specialised help and advice.

To arrange an informal meeting with one of our Capital Allowance specialists, please call us today on: 01246 293011, alternatively email sales@salmon-business.com

Further help and information may also be found on our web site at www.salmon-business.com

Asquith Day Nursery make significant investment to ensure complete peace of mind for parents

Asquith Day Nursery make significant investment to ensure complete peace of mind for parents

Fortress nursery scans parents’ fingerprints when they pick up their children

Mark Prigg, Tim Ross and Laura Lambert
14.07.10

London’s first “fortress nursery” is to open within weeks amid rising fears about the safety of children.

Asquith Day Nursery in West Dulwich is installing an £80,000 security system, previously only seen in secure facilities, to ease parents’ fears after a spate of shootings and stabbings in Lambeth.

Surrounding the school is a wooden fence more than six feet high and leaves no possibility of peering into the outdoor areas or windows.

In order to collect their children, parents have their fingerprints scanned at an outer set of doors before entering a frequently changed pass code at a second set.

There is also a list of names with accompanying photos to identify those who have been cleared to collect one of the children, which staff check manually.

Nursery manager Michaela Waitman said: “Every parent we have spoken to about the new security and educational programmes loves the concepts.”

Asquith now plans to spend £1.8 million rolling the scheme out across the company’s 84 nurseries nationwide.

However, experts today accused the nursery of introducing excessive measures, and warned that the high security could affect children’s development.

Simon Davies of Privacy International said: “Children have a right to privacy, to develop in a normal environment so they can become normal people. It is a difficult balance between children being safe and having freedom, but this is overkill.”

Margaret Morrissey, founder of campaign group Parents Outloud, said the scheme was “bizarre”.

“Quite frankly there isn’t that sort of security in Wandsworth prison,” she said. “Nobody is going to convince me that anywhere — let alone Dulwich — needs that kind of extreme security. continue reading…

Capital Allowances for Day Nursery owners

Capital Allowances for Day Nursery owners

Are you claiming your full allocation of Capital Allowances?

The benefits of Capital Allowances for Day Nurseries and Private Schools are very substantial and very straight forward to claim.

The results of making a Capital Allowance claim on your Day Nursery or Private School will vastly reduce the amount of tax you pay on any profits you post in future years. In the majority of cases providing you have made a profit in the previous 2 years, a Day Nursery or Private School will receive a lump sum of any overpaid taxes they have made.
The result of a Capital Allowance will allow you to invest back into the business, enabling you to purchase items such as:

  • New Equipment and Apparatus
  • New Security Systems
  • Safe Outdoor Playing Areas
  • Building Extensions continue reading…
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