Capital Allowances

Craig HerbertCraig Herbert Chief Executive Officer

HAVE YOU CLAIMED THE CAPITAL ALLOWANCES TAX RELIEFS YOU’RE ENTITLED TO ON YOUR PROPERTY?

Capital Allowances tax relief offsets the hidden expenditure in your commercial property. Typically, this includes elements such as air conditioning, wiring, heating, lighting and security systems – essentially everything that’s a fixed part of the building either in situ on purchase or installed as part of refurbishment or fit-out projects.

You may already be claiming the ‘basic’ Capital Allowances tax relief on plant and machinery, but you could be missing out on valuable, lesser-known Capital Allowances reliefs.

ASK YOURSELF THESE QUESTIONS…

  • Do you own commercial property individually or in your business?
  • Have you investigated the valuable tax reliefs available by reviewing Capital Allowances on the Embedded Plant & Machinery in your property?
  • Have you recently invested significant sums in refurbishing or extending your business premises?
  • Are you paying too much Corporation Tax and looking for opportunities to reduce this?

If you answered yes to any of these points, then you may be missing out on vital income.

SPEAK TO A SPECIALIST

Our Property team at Fortus provides tailored property advice to clients, ultimately helping drive value from their UK-wide properties.

You probably don’t realise, but you may be entitled to various unclaimed property tax reliefs. We’d love to investigate these for you in more detail, so please do get in touch if you’re interested in exploring this with us.

“I literally can’t speak any more highly of Fortus. They’re there with solid advice whenever I need it. 5-star service."

Rob Salt R.A.S Masonry Ltd.

Want to know more?

Get in touch with our Property team.

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