UKWA offers a free tax incentive review

UKWA offers a free tax incentive review

Chancellor's Spring Statement: Yet again warehousing is ignored

The UK Warehousing Association (UKWA), in partnership with associate member Gateley Capitus, is now offering members a free assessment of their use of the tax incentives available to the sector.

This new service enhances UKWA’s existing range of benefits to its membership and ensures that members pay the right amount of tax by claiming all available reliefs, which generate tax savings and in certain circumstances trigger a tax rebate.

While many may already be claiming capital allowances, R&D tax relief or land remediation relief, UKWA recommends that members should take advantage of this free assessment to ensure that all possible benefits have been claimed.

A recent UKWA survey highlighted that 60% of members are tenants, so capital allowances available to tenants for expenditure incurred on the fit-out and refurbishment of leased properties are particularly relevant.

Members will also benefit if they have new projects underway relating to the construction, redevelopment or fit-out of a commercial property, or are embarking on an R&D related investment.

Commenting on the offer, Clare Bottle UKWA CEO says: “Gateley Capitus reflects the breadth of our sector needs – their clients cover a broad spectrum, just as UKWA supports a wide range of members, from SMEs through to large corporates. Clearly, when expert financial support is available free of charge, we are keen for members to find out more and take full advantage of the opportunity.”

Gateley Capitus is an investment and innovation tax consultancy with a warehousing client list that includes blue chip FTSE 100 clients through to small operators offering a value-led service.

The new service to UKWA members will be led by Gateley Capitus associate director Peter Corley.

Newsletter

Stay informed. Stay ahead. To get the latest air cargo news and industry trends delivered directly to your inbox, sign up now!

related articles

New shipment tracking label will reduce $1.3 trillion annual cost of supply chain waste

Challenge Group expands fleet with additional Boeing 747 freighter

Humanitarian aid delivery by drone

WAIT... BEFORE YOU GO

Get the ACW Daily Newsletter for up-to-the-minute news on everything important in the airfreight industry

Logo Air Cargo Week