(For full details of the SBA see HMRCs technical note dated 29th October 2018 available here) Introduction The Budget of 2018 announced the government will introduce a new Structures and Buildings Allowance (SBA) for new non-residential structures and buildings. This relief will be provided on eligible construction expenditure incurred on or after 29th October 2018 […]
Capital Allowances Claims on Commercial Property
Keep up to date with changes to the Capital Allowances legislation and the benefits of undertaking a claim on commercial property expenditure.
Capital Allowances Claims for Care and Nursing Homes On the 25th and 26th April 2018 we will be exhibiting at the Dementia Care & Nursing Home Exhibition at the NEC Birmingham. I have previously written about the tremendous tax relief benefits which can be obtained by property owners in this sector. If you are interested […]
Buyer Beware Over the past few years there has been a steady increase in firms offering capital allowances claims services in respect of commercial property expenditure. Given the wide variety of suppliers of these services it is important for the potential client to understand that not all suppliers may have your best interests at heart. […]
We suspect that Guest House and Bed & Breakfast owners are one of those groups who have generally failed to investigate making a capital allowances claim on the acquisition of their property. Claiming capital allowances on these types of property is relatively straight forward for specialists such as ourselves. The only challenge, if one could […]
The information in this blog is based on guidance taken from the HMRC’s website. However the reason that we are interested in talking to Furnished Holiday Let (FHL) owners is that in most cases they have not claimed for the “Fixtures” within their properties. i.e. assets such as the heating, electrical systems and sanitary ware […]