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Having worked with David on a number of capital allowance cases over the last year, I would like to say that his technical knowledge of the tax rules with regards to capital allowance claims is second to none. David's attention to detail and expertise has enabled Bushell Raven and Armstrong Watson to work together as a team to produce some extremely cost beneficial results for clients.
Whether the premises is a holiday park, offices, pub or hotel, David's specialist knowledge of the qualifying expenditure allowances for each category has been invaluable to us when preparing the capital allowance surveys and reports, sometimes working to very tight tax submission deadlines.
We look forward to working with David in partnership again in the near future.
Gary Bushell FRICS, MAE, Managing Director, Bushell Raven Limited
We are a leading UK manufacturer based in West Yorkshire, we undertake research and development to produce environmentally friendly and innovative protective packaging solutions.
Armstrong Watson advised us on the potential for making a claim for R&D expenditure and Steve Holmes guided us through the entire process. Steve’s friendly, proactive approach, sound advice and in-depth knowledge of a complex tax area, secured a considerable reduction in our corporation tax bill. I would recommend Steve’s services to anyone who might be in a position to claim R&D tax relief.
Andrew Corney, Financial Director, Custompac Limited
We were involved in carrying out the refurbishment of several existing warehouse buildings on the site which were clad in asbestos sheeting and we intended to replace the covering with modern materials.
When it was pointed out to Armstrong Watson that these buildings were being redeveloped and they had contained asbestos, they suggested submitting a land remediation relief claim to cover the cost of removing the asbestos and the replacement materials.
Because of the extensive nature of the redevelopment work a claim was submitted to HMRC which led to a corporation tax saving of £208,000. HMRC enquired into the relevant tax return. However, after a robust defence of the claim by Armstrong Watson and a site visit by HMRC, the claim was accepted in full.
This opportunity has led us to refurbishing five buildings on the site retaining the previous structure and providing good quality warehouse space at a competitive price. Without this happening the buildings would likely have remained in their previous dilapidated condition and would have eventually been demolished.
A W Goddard, Chief Executive Officer, Kingmoor Park Properties Limited
Our Capital Allowance Claim couldn't have been easier. We were pushed for time to get the report written and submitted but Armstrong Watson were extremely efficient and came out to see us and got the ball rolling immediately to ensure we met the deadline. An excellent result from excellent service with very little input required from our end, we couldn't be more pleased.
Sally Schrieber, Assistant to the Director, Cuckoo Brow Limited
We turned to Armstrong Watson for advice about a recent property transaction. Our situation was complex as my husband works abroad. The advice we received was thorough, timely and ultimately very beneficial to us. Armstrong Watson was extremely professional and we would not hesitate to come back for financial advice in the future.
Caroline and Alan Macdonald
As our auditors and business advisors, David and the team have acted for us for over ten years. They have a common sense approach, speak our language and are only ever a phone call away.
Stephen Widdows, Director, DJH Engineering
I’d like to say again how much I have appreciated the help and advice I’ve received from both David Squire and you. My wife will attest to the fact that I don’t often come off the phone after a “business” conversation in quite such a positive spirit – if there were such a thing as an Academy of Good Telephone Practice, I think it could learn from your exemplary ways!
I contacted Matthew as I was starting a family and wanted to ensure if anything happened to me or my partner we would be ok while our baby was growing up.
Matthew paid close attention to what I wanted during our consultation session and also how much we could afford, and we are very happy with the service and package Matthew provided. I have, and would, recommend Matthew to my friends and colleagues and most certainly seek Matthew's assistance in the future.
I have been using Armstrong Watson as my accountants for seven years. Since my business developed I have increasingly needed and valued the advice and support I have received from the Penrith team. I feel I get an honest, reliable and responsive service. They are straight talking but tactful, accommodating and flexible and answers all my queries fast and efficiently. They have given me confidence that I have my finances in order and help me keep a close eye on everything. This kind of support is a significant overhead but it is essential for a business to have the right advice in a timely way and I have no reason to look anywhere else because I am very secure in the support I continuously receive. I would recommend all the staff I have met.
Fiona Reed, Director, Fiona Reed Associates
On recommendation from a fellow partner, who had experienced similar problems to me, I contacted Andy Poole at Armstrong Watson to see if he could assist me with a share valuation in respect of my shareholding in my former legal practice.
Andy and his team were consummate professionals from the outset. Throughout my dealings with them all my enquiries, and those from my legal team, were dealt with very promptly. Following receipt of an initial favourable advice, Andy was instructed to proceed and prepare a detailed valuation for presentation to the appointed expert pursuant to the terms of the Shareholders Agreement. This was a very detailed and meticulous piece of work. It could not fail to impress.
The other parties produced a very slip shod valuation by comparison, and then some fanciful counter arguments by way of response to Andy’s report. These were dealt with in very short order in Andy’s supplemental report.
When the expert’s fair price valuation of my shareholding came through it was within 4% of Andy’s valuation figure.
Quality always shines through and the quality of the work produced by Andy and his team really shone through.
Sincere thanks once again to Andy and his team at Armstrong Watson.
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Armstrong Watson LLP is a limited liability partnership registered in England and Wales, number OC415608. The registered office is 15 Victoria Place, Carlisle, CA1 1EW where a list of members is kept. Armstrong Watson Accountants, Business & Financial Advisers is a trading style of Armstrong Watson LLP. Armstrong Watson LLP is regulated by the Institute of Chartered Accountants in England and Wales for a range of investment business activities.
Armstrong Watson Audit Limited is registered to carry on audit work in the UK and Ireland by the Institute of Chartered Accountants in England and Wales. Registered as a limited company in England and Wales No. 8800970. Registered office: 15 Victoria Place, Carlisle, CA1 1EW
Armstrong Watson Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. Firm reference number 542122. Registered as a limited company in England and Wales No. 7208672. Armstrong Watson Financial Planning & Wealth Management is a trading name of Armstrong Watson Financial Planning Limited. Registered Office: 15 Victoria Place, Carlisle, CA1 1EW