1. News
  2. Leading capital allowances specialist joins ForrestBrown

Leading capital allowances specialist joins ForrestBrown

Sara Bridgen managing director
Managing Director
Read time:

ForrestBrown is delighted to announce the appointment of leading capital allowances specialist Peter Reynolds. Peter is joining us to help our clients make the best use of capital allowances.

Peter will lead a capital allowance service that sits alongside existing support for R&D tax relief and Patent Box incentives, further extending our offering for innovative businesses.

Peter brings over 20 years experience to our multidisciplinary team, having advised FTSE100 companies on fixed asset management and commercial property tax relief for a number of years.

This is another significant appointment for ForrestBrown. While R&D tax relief remains our core focus, clients consistently tell us they want our help with other tax reliefs related to innovation. By bringing Peter into the team, we can now deliver another key piece of the innovation funding jigsaw, ensuring clients can view the big picture when planning their investment.

Commercial property experience

Previously a tax partner with a top 10 accountancy firm, Peter will also call on extensive project management experience in the construction sector. This will enable him to effectively translate information from commercial property teams for tax and accounting processes, reducing the risk of misinterpretations and ensuring accuracy and consistency.

Peter’s advice will be relevant for all clients who buy, sell or incur expenditure refurbishing commercial property to ensure they optimise the tax reliefs available, particularly those in the retail, engineering and manufacturing sectors.

Find out more about claiming capital allowances with ForrestBrown or read our explainer page for more details on the relief and the value of capital allowances to your business.

Committed to helping our clients through the innovation lifecycle

Peter’s appointment further underlines our commitment to supporting clients through the innovation lifecycle across a range of incentives and tax reliefs.

“By bringing Peter into the team, we can now deliver another key piece of the innovation funding jigsaw, ensuring clients can view the big picture when planning their investment.”

Sara Brigden, Managing Director

Peter relishes the opportunity to support our clients at an important time:   

“I’m excited to join ForrestBrown at a pivotal moment for many innovative businesses in the UK. With new rates for R&D tax relief now in force and the introduction of full expensing for capital allowances, it’s never been more important to understand the wider innovation tax landscape, of which capital allowances are a key component.”

ForrestBrown – your innovation incentive partner

If you want to find out more about how ForrestBrown can support your business’ innovation then contact us today. By partnering with us, you will benefit from our 120-strong multi-disciplinary team, made up of qualified chartered tax advisers, accountants, lawyers, industry sector specialists and former HMRC inspectors. We offer unmatched technical expertise and are passionate about helping innovative businesses grow.