CAPITAL ALLOWANCES
A tailored approach to ensuring Capital Allowances are maximised within your property expenditure.
Capital Allowances exist to encourage and incentivise investment in capital items across the UK.
Our specialist team of Property Tax experts specialise in breaking down commercial property expenditure that is often missed in general assessments.
With the ever-changing legislation and complexities of the tax system overall, Sedulo ensure your expenditure is categorised in the correct way to maximise available reliefs in-line with current rules, regulation and compliance, helping to keep your tax liabilities as low as possible.
How can working with our specialist Capital Allowances team assist you?
We look to partner with our clients, retrospective claims, current claims and future claims should all be discussed now.
Planning and preparation is the key to any successful business, this is true for capital allowances too. Whether you have an established portfolio of properties held for a while, a recent investor or about to embark on your first purchase or development, we can advise how best to claim this expenditure.
Capital Allowances can be available within the purchase cost of a commercial property, refurbishment or fit-out of an existing property, the new build or extension cost of investment property. The skill-set required to successfully claim these allowances are a mix between Tax and knowledge of property specifics, the function each items plays within your specific business type can have an affect on its tax treatment. At Sedulo we look to understand your business, survey the property and Liaise directly with HMRC where required.
If you own or Lease commercial, build-to-rent property or Furnished holiday lettings*, or have spent money improving, adapting, building or extending similar property types, we need to speak.
(*Legislation around capital allowances on Furnished Holiday Lettings, FHLs, is set to be abolished in April 2025 – claims can still be made on expenditure incurred before that date).
Most investors of qualifying properties will most likely already be claiming some of the allowances available to them, however we estimate that less that 25% of all claims have been maximised already. We can offer a free consultation and review of all of your historic, current and future property expenditure, the worst-case scenario is that we can give you confirmation and confidence that your current process is working, best case, there could be £000’s in additional tax relief available to you.
We can help with retrospective claims, current claims and future claims...
As well as Capital Allowances specialists, our Allowances and Reliefs team contains speciailists in R&D tax relief and energy tax incentives. Meet them here...