What is the difference between the Structures and Building Allowances and Capital Allowances?

What is the difference between the Structures and Building Allowances and Capital Allowances?

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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Budget 2021 Capital Allowances Announcement

Budget 2021 Capital Allowances Announcement

Following the announcement of the 2021 budget designed to reinvigorate the economy after the coronavirus crisis, several positive changes have been put in place working to the benefit of commercial landlords. The government believes this plan will...

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Who is eligible for capital allowances?

Who is eligible for capital allowances?

Who is eligible to claim capital allowances? First and foremost the landlords must be a UK taxpayer/tax paying entity (i.e. a limited company). Properties held in trust or by a charity are not eligible to claim as they pay a limited amount of tax....

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The top 5 questions asked by clients when claiming capital allowances

The top 5 questions asked by clients when claiming capital allowances

Capital allowances are a niche area of tax that requires specialist expertise in the accounting, legal and surveying knowledge required to make a saving. Clients are often not aware of the savings available to them due to the complexity of this...

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Capital allowances and the coronavirus crisis

Capital allowances and the coronavirus crisis

What are capital allowances? Capital allowances are a government tax incentive for commercial landlords that allows a property owner to claim tax relief on items that make up the fabric of a building such as fire and security systems, heating and...

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Don’t miss out on the Annual Investment Allowance

Don’t miss out on the Annual Investment Allowance

The Annual Investment Allowance (AIA), introduced in 2008 was meant to encourage investment by providing accelerated relief on fixed asset expenditure. This can therefore apply to any commercial property purchases that are treated as investment...

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