CAPITAL ALLOWANCE
The correct allocation of purchase cost between buildings and plant can result in substantial tax savings. This is particularly relevant where plant and machinery is acquired as part of a complete business. The net book value of assets will usually understate the true value of assets and a valuation to arrive at the correct apportionment between the goodwill, plant & machinery, land and buildings elements of the purchase price can produce significant tax savings.

COMPENSATION & COMPULSORY PURCHASE
A professional valuation can significantly improve the compensation payable following the compulsory purchase of a business. Hickman-Shearer can provide detailed valuations, liase with other interested parties and give evidence in court as an expert witness.

RATING OF PLANT & MACHINERY
Hickman-Shearer can provide all necessary valuations of plant and machinery that is deemed to be rateable.