Company Performance Metrics
Veritapp provides an AI-driven capital allowances reporting platform focused on property-related building expenditure. The software allows users to upload ledgers and building cost data from accounting systems or cost files, which are then automatically tax coded into the correct capital allowance pools. It uses machine learning, natural language
processing and cost models trained on historical construction project data to classify items, fill missing information and split lump sum invoices into detailed components. The platform supports calculation of plant and machinery, special rate, structures and buildings allowances, revenue deductions and non-qualifying items. Users can estimate potential claim ranges, generate HMRC-compliant claim reports in standard formats and export results to spreadsheets. Veritapp is delivered as an online subscription service with multi-user access, onboarding and technical and tax support for users.
