Car park security contractors advised to tell customers installations can be claimed against tax

The new company, part of the Portal Group, which, since 2003, boasts it has “reclaimed over GB pound 60 m worth of mis-sold endowments and payment protection insurance for over 20,000 customers”, has launched following a successful trial period, in which it has reclaimed, on average, GB pound 105,000 for each business in outstanding capital allowance for items ranging from fire alarm systems, to heating, to air conditioning.

Following its pilot, Portal Tax Claims estimates that 96% of businesses that own their own properties, or commercial property owners, could be owed a refund. Moreover, Portal only charges 6% of the money reclaimed and only if a successful claim is made.

Data compiled by Portal Tax Claims has also revealed the top ten items on which tax has been claimed back, with car park security making it into the top five:

1 Air Conditioning

2 Lifts

3 Heating

4 Lighting

5 Car park security

6 Power

7 Switchgear

8 Transformers

9 Fire Alarms

10 Suspended Ceilings

Shaun Murphy, CEO of Portal Tax Claims, said: “In the current climate owners of commercial property need to save every penny that they can and, at the moment, most are unaware that such valuable capital allowances are waiting to be claimed.

“Literally hundreds of billions of pounds are due to owners, but most lack the necessary expertise to make the claim, which can be a complicated process.

“As we only make a charge if successful, we would urge any commercial property owner to give us a call as they have nothing to lose and have potentially tens of thousands of pounds to gain.”

If you would like to find out more call 0845 000 0450. Visit Portal’s site.