As you may be aware, in 2014 New Rules came into force that dictated how Capital Allowances should be treated at the point of disposal or acquisition of a commercial property owned by a UK tax payer.

These New Rules continue to be very misunderstood and the consequences underestimated. We see more and more examples where a property transaction has taken place and the new rules have not been implemented correctly, if at all, and the net result is tax payers are losing a benefit that they should have been entitled to. In addition to this, property advisers are exposed to negligence claims.

  • Are you in the process of buying/selling a commercial property?
  • Have you bought or sold a commercial property since April 2014?

If the answer to either of these question is yes, call an expert and let us clarify the situation.

Book on a desk called New Rules

Case History – what can be lost?

We are currently dealing with a transaction where a Client has lost in excess of £160,000 in a transaction which is now over two years old and cannot be repaired and all parties thought they had implemented the new rules correctly.
Could this be you?

Case History – what can be gained?

When legislation is understood and applied properly, significant tax savings can be secured. The case study attached illustrates a transaction where both the Vendor and Purchaser have secured tax savings and the property advisers involved are not exposed to the risks.

If you have bought or sold a property within the last two years or in the process, contact us as we provide free support.

Latest News

  • Business growth plans
    29 September 2022

    Introducing Lee!

    We have big plans for the future at CARS! To help us expand, both locally and nationally we required expert support. To accomplish this level of growth, we’re pleased to welcome our new Head of Business Growth, Lee Parker. Lee has numerous years of experience in business development and brings...
  • Q&A
    27 September 2022

    Behind the Scenes with a former HMRC Inspector

    As part of our specialist team, we are pleased to introduce you to Mark Doodney. Mark works within our technical team and provides invaluable insights into how HMRC may view our approach with particularly technical or quirky cases. Essentially, Mark is key in ensuring claims are processed in accordance...

Contact Us

Our expert team are here to help answer any of your capital allowances questions or enquires you have about your commercial property.

Sign up to our Newsletter

I confirm that I have read and agree to the Privacy Policy