Cost savings from expert advice

Capital Allowances

Savings of up to 25% of capital property costs

Establishing a capital allowances claim is not an exact science but it can provide cash savings of up to 25% of capital property costs. 

This relief is available to those who incur expenditure constructing, refurbishing, fitting out or acquiring property for the purposes of their trade. Ideally, capital allowance opportunities should be an early consideration in any property acquisition strategy or transaction.

Capital allowances cover a range of property tax reliefs and these include:-

• Plant & Machinery Allowances
• Industrial Buildings/Hotel Allowances
• Enhanced Allowances – for energy efficient assets
• Business Premises Renovation Allowances – encouraging investment in deprived areas of the UK
• Flat Conversion Allowances

The CBW property tax team has working expertise in the tax, accounting and valuation issues related to property. They will work with you from the evaluation stage to the final arrangements to secure the best possible claims with HM Revenue & Customs.