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Are you missing out on tax relief?.

Capital Allowances

Capital Allowances are a right, not a privilege!

Capital allowances are a means of saving tax when your business buys a capital asset. If you own commercial property, are about to sell commercial property, or are about to buy commercial property, you could be claiming tax relief in accordance with Capital Allowances legislation.

What are Capital Allowances?

Capital Allowances are the tax allowances available to a business when capital expenditure is incurred on assets in the course of trade or property investment. They are a way of obtaining relief on some types of capital expenditure, this is because they are treated as a business expense so reduce your taxable profit.

Does all capital expenditure qualify?

No, not all capital expenditure qualifies as the expenditure must be on a particular type of asset on which the tax relief can be claimed.

What is included in Capital Allowances?

  • Equipment
  • Machinery
  • Business vehicles, e.g. cars, vans or lorries

How we can help

If you already own or are acquiring commercial property, we can assist to ensure that valuable tax relief is not lost, helping you to understand both the buyer’s and the seller’s position and steps necessary to avoid losing out.

Contact us to see if you’re eligible to make a claim:

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