Capital Care Group Unlocking Tax Savings

Capital Care Group provides a wide range of specialist person-centred care and support services for adults with a wide range of needs, including EMI care, nursing care, residential care, respite care and dementia care. They own a group of homes across Shropshire, Staffordshire, Worcestershire and have recently taken ownership of a home in Warwickshire.

The Group have 470 beds across all sites and employ approximately 600 individuals. Due to the size and nature of the properties, there is a large amount of capital expenditure incurred each year. As such, given the new capital allowances incentives introduced by the government (such as full expensing) there is a significant opportunity to utilise valuable capital allowances tax relief.

Over the past three years, the Azets Capital Allowances team, led by Gurj Sandhu, has identified in the region of £2.4m worth of allowances, which has resulted in close to £500,000 of tax savings for the Group. The identification of these has been through acquisition awareness and expenditure analysis.