We are expanding our tax division with an enhanced capital allowances service, which will help local businesses and commercial property investors maximise tax relief on their capital expenditure costs. We have recruited a new capital allowances consultant, Thomas Webb, to offer additional expertise and support in this service line.

Thomas Webb, the new capital allowances consultant at PKF Smith Cooper.

Thomas has over 10 years of local and international experience in providing capital allowances support to businesses and investors across a range of sectors including:

  • Construction
  • Agriculture
  • Food processing
  • Furnished holiday lets
  • Manufacturing
  • Engineering
  • Retail and hospitality
  • Student accommodation
  • Commercial property investment

In previous roles at KPMG and Grant Thornton, Thomas has worked with a number of high profile clients including supporting Pret A Manger with fixed asset additions on expenditure across the UK, USA and Hong Kong, as well as working with Lego on cost estimation and cost re-build for its head office in Denmark and flagship store in London. He has also developed extensive experience in servicing Midlands-based investors and businesses.

Thomas commented: “As a new and solely focussed capital allowances consultant at PKF Smith Cooper, I’m looking forward to developing the service that the firm provides for the benefit of existing and future clients. This is a great opportunity to support local businesses and investors in claiming the tax relief they are entitled to. This is an area of tax that can have a real impact on managing the tax burden of clients through identifying and accessing allowances that are often overlooked and I expect this to be important over the next few years. Working alongside the rest of the tax team, my goal is to play a significant part in establishing PKF Smith Cooper as a leading provider of capital allowances consultancy services in the Midlands.”

From our key offices in Derby, Nottingham and Birmingham, we provide a range of accountancy services. Our tax division delivers comprehensive support to clients of all sizes in personal tax, employment tax, VAT & indirect tax and private client tax. The expert tax team behind our services continues to grow, with the addition of twelve new recruits and two promotions in the past year.

Gary Devonshire, Tax Advisory Partner and head of innovation and property taxes at PKF Smith Cooper, said: “It’s an exciting time of growth and expansion at PKF Smith Cooper. Last year the firm joined PKF International and this year our Derby team moved into a modern office space to accommodate our growing team which serves our expanding and diverse client-base.”

“As part of our tax growth plan, we are now strengthening our tax services in key areas such as capital allowances that will attract new clients and allow us to offer an additional service to our existing clients. I am thrilled to have Thomas on board and look forward to seeing his expertise being delivered to clients and contacts as part of the continued expansion of our tax services at PKF Smith Cooper.”

To find out more about how capital allowances could benefit your business by maximising tax relief, contact us today to speak to one of our specialist tax team.