Do I qualify?
Services
BENEFITS OF CAPITAL ALLOWANCES
Many commercial property and business owners are unaware of the generous tax savings available through Capital Allowances. The Capital Allowances Act 2001 serves as the primary legislation governing the tax relief available on qualifying capital expenditures for businesses in the UK. It consolidates and simplifies earlier rules, ensuring that businesses can easily understand and access their entitlements.
Claiming Capital Allowances can significantly improve your business’s cash flow, particularly because allowances left unclaimed over the last four years are available as a rebate. These allowances cover various expenditures, including machinery, equipment, plant, and even integral features of commercial properties such as heating and lighting systems.
The Government has had clear legislation in place since 1878, yet businesses leave an average of £100,000 unclaimed. The HMRC incentive is in place for business owners and commercial property owners when buying, leasing or refurbishing a property.
ELIGIBLE TYPES OF PROPERTIES
Holiday Homes
Hotels
Offices
Serviced Accommodation
Dental/Medical Practices
Shop Units
Industrial Units
Gyms
Holiday Parks
Factories
Restaurants
Commercial Refurbishments
Farms
Stadiums
DO I QUALIFY?
If you own, lease or have refurbished a commercial property or business premises then you are entitled to find out what you may be able to claim.
Simply provide us a few details via the form below, we will then check your eligibility and advise how much you can claim, then all you have to do is enjoy the boost to your cashflow!
Act now to see what you could be due.
ENQUIRY
FORM
FREQUENTLY ASKED QUESTIONS
-
What are Capital Allowances?Capital Allowances are a form of tax deduction. They’re designed to reward businesses that “spend money to make money” – increased investment in infrastructure and development help to strengthen the UK economy. If you have purchased a commercial property or have made alterations/refurbishments to a commercial property you could be eligible to claim.
-
Are all properties eligibleUK tax-paying businesses can make a claim on any commercial property for which they are the freeholder. You can also submit a claim for any redevelopment costs associated with a leased property.
-
How much is an average claim worth?The average amount left unclaimed by UK businesses is £100,000.
-
How long does the process take?The timescale will vary depending on current availability and the size and complexity of a claim. Many claims can be completed within 8 weeks. Contact us at info@dedicatedcapitalallowances.com for a personalised estimate.