The Annual Investment Allowance (AIA) We have written at some length about the major changes to the capital allowances fixtures regime which came into full effect in April 2014. This has focused much attention on the risks now faced by buyers of commercial property, and their advisers, if they do not consider capital allowances during […]
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 Freezers This is a capital allowances case study for commercial property. Please do not waste time rushing to your kitchen to see if there is a wad of cash in the ice-box. Industrial freezers used in commercial properties are actually the subject of this capital allowances case study. We recently completed a capital […]
Do Carpets Qualify for Capital Allowances Purposes? The reason for making this post is this is one question which does seem to be asked quite frequently judging by the number of internet searches that Google receives on the subject. HMRC normally accepts both carpets and linoleum qualify for capital allowances as they are plant (see […]
Free Section 198 Election Template for Download The statistics from our website show many people are searching for a CAA2001 Section 198 (S198) Tax Election Template so we have provided one here which may be downloaded. We would encourage anyone who wishes to use this template to also read one of our previous blogs namely […]
Maximising Capital Allowances on Development / Refurbishment Historically much of our capital allowances claims work has been on the purchase of second hand property. However we are being engaged more and more to maximise the capital allowances claimed on the refurbishment and / or redevelopment of commercial property. For example, at the time of writing […]