What is Capital Allowances tax relief?
Capital Allowances tax relief provides a counterbalance to the hidden costs in your commercial property.
Generally, this includes features such as security systems, heating, wiring, air conditioning, and lighting – basically all elements that can’t be moved in a house (unlike chairs or tables).
All UK tax payers who own commercial property may be eligible to claim Capital Allowances tax relief. Several criteria are involved in determining your eligibility and this can get quite messy. This is where our team of experts come in! We can help assess if your property has unused allowances hidden in it. Get in touch with us now.