I blogged a couple of weeks ago about an incentive that the government has introduced to encourage us to buy more property (I like that!). I recently interviewed the Directors of Global Cashflow, Julie Jackson and Lisa Matterson to find out more about it. (listen to the interview again here). Julie and Lisa explained that only 4% of eligible people have claimed for Capital Allowances. Surely this is like having the winning lottery ticket in your pocket but not claiming it! Does it sound too good to be true? – the government will give you money which is rightfully yours, and you only get charged a fee when you get the rebate– definitely sounds too good to be true! However, we have put some cases through and I wanted to update you on the results so far with a couple of examples: Case 1 Furnished Holiday Let Jointly owned property...
I recently had the pleasure of interviewing Julie Jackson and Lisa Matterson of Global Cashflow. They recently set up Global Cashflow to help people claim whats rightfully theres. Did you know you can claim capital allowance tax relief on certain types of property? It is your right to claim up to £100,000 per year in capital allowances. What I like about this is that if theres no claim theres no fee. If you do claim, Global Cashflow only charge 5% + VAT of the value of new capital allowances identified. They will also work with your accountant on this. Basically the government are giving away free money! Dont they say theres no such thing as a free lunch - however in this case I think there just might! It also sounds very easy and straightforward! You can listen to the short audio here by pressing the play button. [audio:http://www.justdoproperty.co.uk/wp-content/uploads/2011/01/rec_jaj1967_10_Jan_2011_20_08_21.mp3|titles=rec_jaj1967_10_Jan_2011_20_08_21] 96%...