Get ahead of the deal
Deals move quickly, and the tax relief position is often left until it’s too late. We get involved early so everything is considered before it becomes overlooked, missed, or undervalued.
A partner where it matters most
Buying or selling property brings a defined window to get allowances right. Miss that, and value can be lost or risk carried forward. The difference is being involved early enough to influence the position. We make sure we are.
Buying a property
The opportunity is often there, but it needs to be handled early. We review the purchase, identify what can be inherited or valued, and make sure everything is set up properly from the start.
Preparing for disposal
Allowances can affect price and negotiations, but they’re not always addressed early enough. We step in to review the approach and make sure you’re going into the sale with everything considered.
Allowances haven’t been reviewed pre-sale
Where allowances haven’t been considered, there may still be value to address. We assess the position and guide you on what can be done before the deal moves too far.
How do capital
allowances work?
Capital allowances let you claim tax relief on property, such as fixtures, fittings, services and building fabric. These elements are all part of the building but are treated very differently for tax purposes.
There is often relief available, but it’s not always identified or fully claimed. In many cases, the issue is a lack of understanding on what type of relief is available, what qualifies, how it should be assessed, and how the claim should be structured.
We review all of your property expenditure in detail to establish what qualifies and what it’s worth, then manage the claim from start to finish. Every stage is handled with care, so the outcome stands up under scrutiny and aligns with your wider tax position.
Explore capital allowances
Office building purchase
A family office client acquired a £11.15m office building in Manchester, with the seller proposing just £2 of allowances to be passed across on sale. Through timely advice provided during the deal, we negotiated with the seller and instead inherited £1.7m of relief for our client, providing £425,000 of tax savings over time.
