Our service
Capital allowances
Understanding the potential value within qualifying property expenditure.
01
What are capital allowances?
Capital allowances are a form of UK tax relief on certain capital expenditure. In commercial property, they can apply to qualifying plant, machinery and fixtures — often a meaningful part of what a building contains.
Because the qualifying items are embedded within the building and its cost, they are easily overlooked. Identifying them properly requires an understanding of both the property and the relevant rules.
02
Who can benefit?
Any UK taxpayer incurring qualifying expenditure on commercial property may be able to benefit. In practice, that includes the following.
Property owners
Businesses that own the premises they occupy.
Investors & landlords
Those holding commercial property for income and growth.
Developers
Parties building, converting or refurbishing commercial property.
Professional advisers
Accountants, solicitors and surveyors acting for the above.
03
What can be reviewed?
- Purchases of commercial property
- New build and construction projects
- Refurbishment, extension and fit-out works
- Building services and integral features
- Fixtures, fittings and equipment
- Historic expenditure not previously reviewed
04
Our approach
Four areas of work, each described in more detail on its own page.
- 01Learn more
Capital Allowances Review
Identify qualifying expenditure and potential opportunities.
- 02Learn more
Property & Development
Support property owners and developers through relevant capital allowances considerations.
- 03Learn more
Detailed Assessment
Review qualifying assets and expenditure with a technically informed approach.
- 04Learn more
Claim Support
Help clients prepare the information and documentation required for their claim.
05
What happens next?
- 01
Initial Discussion
Understand the property and the client's objectives.
- 02
Property Review
Review the relevant property information and expenditure.
- 03
Technical Assessment
Identify and assess qualifying opportunities.
- 04
Report & Support
Provide clear findings and support through the next stage.
Questions
Common questions
Discuss your property.
Have a property project or existing commercial property you'd like to discuss?