Expertise
- Capital Allowance Specialist
- Capital Allowance Tax
- Capital Allowances
- capital allowances claims
- Capital Gains Tax
- Capital Assets
- Tax Allowances
- tax advice
- tax
- Tax adviser
- Corporation Tax
- Corporate & personal taxation
- Corporation Tax Returns
- plant and machinery
- annual investment allowance
- structures and buildings
- integral features
- HMRC capital allowances
- Due Diligence
- capital contributions
- projects
- Refurbishments
- Purchasing
- Acquisition
- capital expenditure
- quantity surveying
- BTR
- Invest to Rent
- Invest to Sell
- investing
- REIT
- PAIF
- JPUT
- cash savings
- Revenue Analysis
- super deduction
- special rate
- Site Inspections
- accountants
Summary
Capital Allowances is a tax relief available when developing, extending, refurbishing or buying property.Maximising the tax relief requires detailed knowledge of the Capital Allowances legislation, experience working with HMRC and an ability to adapt to the specific needs of each individual client, transaction and property.Property owners and investors often underclaim Capital Allowances due to the following:
- Incorrect perception that there are no Capital Allowances available
- Assumption that it has been addressed by accountant
- Failure to structure the capital contributions and grants
- Perception there is a time restriction to review historic expenditure
- Residential schemes such as BTR ignored for Capital Allowances
- Missed cash-saving opportunities on properties with non-taxpaying tenants or vacant space