Understanding Capital Allowances
Capital allowances provide tax relief for businesses by allowing them to deduct certain costs associated with commercial property from their taxable income. These costs often relate to embedded assets—items that are integral to the property but not immediately visible. Common examples include heating and cooling systems, electrical installations, security systems, and sanitary fittings. Identifying and claiming these allowances requires specialist knowledge and expertise, which is where we step in.
The Embedded Capital Allowances Survey
At CARS, we conduct in-depth surveys to identify qualifying embedded capital allowances that may have been previously overlooked. Our detailed assessments ensure that every eligible asset is correctly classified and claimed, providing our clients with substantial tax savings. This process involves site inspections, a thorough analysis of property expenditure, and collaboration with accountants and tax professionals to ensure compliance with HMRC regulations.
A Multi-Skilled Team with Vast Expertise
What sets CARS apart is our multi-disciplinary team of professionals who bring together expertise across all relevant fields. Our team includes Chartered Accountants, Tax Experts, Chartered Surveyors & Valuers, Property Law specialists, and even a former HMRC Inspector. With over 60 years of collective experience, we ensure that our clients receive the best advice tailored to their specific circumstances.
We Take Care of Everything
Navigating the complexities of capital allowances can be overwhelming, but with CARS, you don’t have to worry. We manage the entire process from start to finish—conducting surveys, analysing property expenditures, liaising with HMRC, and ensuring all claims are accurate and compliant. Our goal is to make the process seamless and hassle-free, allowing you to focus on running your business while we uncover valuable tax savings.
Who Else Could Benefit?
If you or someone you know owns or has bought, built or improved a commercial property, they may be eligible for significant capital allowance claims. Our services are particularly valuable for business owners, investors, landlords, and accountants looking to add value for their clients. If you know someone who could benefit from our expertise, we would love to have a conversation with them. By referring them over to us, you can take advantage of our Introducer benefits.
Have you spent capital on commercial property? Get in touch with the experts...
Latest News
-
23 April 2026Retrospective Capital Allowance Claims: How Far Back Can You Go?
Retrospective property capital allowance claims can often go back much further than many businesses expect, but the time limits depend entirely on the specific circumstances of the property and how it has been treated for tax purposes. In some cases, there are no restrictions at all. In others, particularly... -
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...
Contact Us
Our expert team are here to help answer any of your capital allowances questions or enquires you have about your commercial property.