How Do Capital Allowances Work for Tax Purposes?
2nd October 2023
In the vast ecosystem of business finance, capital allowances stand out as a beacon of hope, especially when tax season looms. But what exactly are these allowances, and how do they influence your company’s tax liabilities? Dive in as we...
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Commercial Property Purchases and Sales: How Capital Allowances Can Influence Your Decision-Making
26th September 2023
One under-claimed financial saving that commercial property owners don’t utilise enough, is capital allowances. Often it is overshadowed by immediate concerns like location or square footage, however, whilst these allowances may seem like mere...
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How Do Capital Allowances Work When It Comes to Commercial Property?
25th September 2023
Within the UK tax regime, capital allowances allow businesses to secure significant amounts of tax relief. For those investing in or owning commercial property, understanding how capital allowances function can lead to sizeable financial benefits....
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Importance of seeking advice before buying or selling a commercial property
26th May 2021
Sales contract clauses A capital allowances claim is only possible once in the history of a building. That means that if a previous owner has claimed capital allowances on a property, the current owner will be unable to claim. New legislation was...
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What are Research and Development Allowances?
26th April 2021
Research and Development Allowances (R&D) are a tax incentive allowing companies to deduct a certain percentage of expenditure from their taxable income resulting in a corporation tax saving. You can claim on costs associated with specific...
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What is the difference between the Structures and Building Allowances and Capital Allowances?
19th April 2021
Capital allowances (CA) Capital allowances allow a commercial property owner to claim depreciation on items considered integral to a commercial property such as: fire and security systems; gas and electrical systems; heating and cooling systems; and...
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