Capital allowances

Have you or your company claimed all the tax allowances you are rightly entitled to?

Capital allowances are available to reduce the tax bill of companies, sole traders and partnerships by converting capital costs into deductions against taxable profits.

Most accountants will be able to simply identify capital allowances on assets such as cars or computer equipment but there are also significant capital allowances available for commercial property expenditure and these can often be missed as they require both surveying and tax knowledge.  The types of commercial property this might apply to include the following:

  • Hotel and restaurant purchase and fit out.
  • Office buildings.
  • Care homes.
  • Industrial facilities.
  • Student accommodation (common areas).

Why Work With Us

We can help you identify these additional allowances and work with a recognised industry leader in the provision of independent capital allowances expertise in order to obtain the relevant knowledge to maximise your claim. Claims can go back years for older properties so it’s always worth looking into and as our work can be carried out on a no win no fee basis you won’t be charged if no additional tax reliefs are identified. 

You may also be entitled to claim enhanced capital allowances of up to 100%. These are available in Enterprise Zones and open to all businesses on the cost of certain energy-saving and water efficient equipment as well as some low emission vehicles. You may also be entitled to ‘cash back’ tax reliefs if your business is loss making.

We’d be happy to have a chat about how we can help your business.  For an initial free consultation, please call us on 0151 625 2250 or email us at