Own a commercial property?
Hotels | Guest Houses | Pubs | Clubs | Offices | Factories | Healthcare Surgeries & Centres | Nursing Homes | Any type of commercial property bought for over £500K
Any age commercial property. The property can be owned by the business or an individual, but not in a pension pot. Enquire now and let’s see if we can help.
Get money back into your business – fast
Commercial Property Capital Allowances
How Commercial Property Capital Allowances Work
Any type of business can claim capital allowances on embedded items in your commercial property. Providing the building is used for commercial purposes [does not need to be 100%]. The building needs to have a purchase price of over £500k and must not be part of a pension.
Everything that is fixed and embedded into the building. For example lifts, wiring, alarm installation, ventilation and much more. Only by completing a forensic survey of the building can these elements have their true value claimed for. It’s the job of a specialist, and we love managing and expediting your claim. We have an accredited apportionment tool too which satisfies HMRC that costs are correct. Plus a bank of 000’s of clients we’ve reclaimed commercial property capital allowances for.
No. We can go back decades. So please do get in touch. Importantly; as this is a one off claim, if you sell your property and you haven’t made your claim, the next owner may do so. Potentially you could be handing over thousands of pounds in capital allowance tax credits without even realising it. And who can afford to do that!
Claim values vary dependant on property values and embedded items added to the property, and also the type of tax payer you are. For example: a high rate tax payer can expects a higher percentage.
Get in touch and we can give you an estimate based on similar claims.
Your accountant may have claimed capital allowances on some items but this is just the tip of the iceberg. Our costing surveyor will complete a full, in-depth on-site survey that will uncover a significant sum for a successful commercial property capital allowance claim.
If you are an accountant, by all means contact us here.