Capital allowances

Claiming capital allowances are a highly effective way of reducing the post-tax cost of plant and equipment or fixtures within a property.

Reviewing expenditure on fixtures in property is one area where a review can often reveal un-tapped tax relief. Any sale or purchase of commercial property requires careful consideration.

Who can claim capital allowances?

  • Businesses
  • Landlords of commercial property
  • Furnished holiday let owners

Personalised capital allowance advice

We can add real value by maximising the amount and timing of your capital allowance claim. These allowances will lower the amount of income tax or corporation tax you or your company will have to pay.

Ways in which we can help include:

  • Capital allowance advice on contract negotiations on sale and purchase
  • Reviewing existing property portfolios for unclaimed allowances
  • Identifying land remediation costs qualifying for 150% tax relief, e.g. asbestos removal
  • Accessing immediate tax relief or tax refunds for investing in green technologies
  • Minimising tax obligations on a refurbishment or extension

For more information download our Capital Allowances and Buildings brochure.

About Tax

The PKF network are ranked as a Top 10 tax firm by Accountancy Age.

Need specialist capital allowance advice?

PKF Francis Clark have a team of capital allowance experts who can guide you through maximising the tax reliefs available.

Whether you have one property, a portfolio of properties or own a business investing in plant and equipment, our advisers can help.