Tax Gains For Holiday Park Owners
Park owners could be claiming significant tax rebates according to the experts at Omar Park Development Services (OPDS).
The new division of the Omar Group was set up to help new and existing park owners in all aspects of park development and operations. Now in partnership with RD Tax Solutions, park owners can also benefit from expertise in the minefield that is capital allowances, with the average claim being around £125,000.
Over recent months OPDS has worked with several park owners to identify unique tax advantages in the UK leisure market and with success across several areas. Areas such as planning, commercial buildings, land remediation, heating and lighting, land management and enhanced eco assets have all proven to meet the stringent criteria of the tax office and together have been labelled the Leisure Park Tax Allowance (LPTA).
Richard Sigsworth, special projects director for OPDS comments: “I came across RD Tax Solutions whilst researching eco solutions and grants for parks and realised that there was huge potential for parks to claim significant tax rebates.
“The core ethos of OPDS is to help parks so I am continually seeking new opportunities and cost saving initiatives to that aim. Through this unique partnership we are able to further strengthen the services we offer to parks.”