The move is designed to show brokers that CA is confident it can identify this higher level of rebates for their clients. Brokers referring clients will earn roughly 15% of the fee charged.
CA Tax Solutions works closely with accountants, IFAs, brokers and other intermediaries to generate significant tax rebates for their clients and estimates that 90% of commercial property owners are due a rebate.
The firm is keen to alert intermediaries to the unclaimed capital allowances that lie within most furnished holiday lets.
As of 31 January 2012, owners of furnished holiday lets located in the UK and EEA will no longer be able to offset losses made by their FHL against their total income but will have to offset them against profits from the same FHL business, which effectively signals the end of this very valuable tax allowance.
Dave Collier, director, CA Tax Solutions, said: "We've doubled the level at which our fee kicks in because we're confident that with the majority of properties we assess, we will identify a substantial amount of unclaimed capital allowances.
“Many clients of brokers and intermediaries will be sitting on a potentially very lucrative tax rebate and we will identify it. At the same time as benefiting their clients, for introducers it also acts as a very attractive revenue generator. Anyone with a client with a furnished holiday let should act quickly given that this valuable tax allowance will come to an end in early 2012."
