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.
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
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19 March 2026Spring Forecast 2026: Capital Allowances Remain Unchanged
The Spring Forecast 2026 confirmed that capital allowances will remain unchanged. This means the current Annual Investment Allowance, Full Expensing, and other key reliefs continue as previously announced. For businesses investing in plant, machinery, and commercial property, this provides short-term... -
3 March 2026How UK Businesses Can Avoid Costly Structures and Buildings Allowance (SBA) Errors
There’s a critical truth about Structures and Buildings Allowance (SBA) that many property developers, investors, business owners, and even experienced accountants aren’t aware of: once you’ve claimed SBA on expenditure, that decision is permanent and irreversible. If it’s been claimed...
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Our expert team are here to help answer any of your capital allowances questions or enquires you have about your commercial property.