Understanding Capital Allowances.
If you own commercial property, whether in a limited Company or personally, and have not claimed any Capital Allowances, there may be an opportunity to undertake a review which could significantly reduce your tax liability.
Capital Allowances are available on capital expenditure incurred on the construction, renovation or refurbishment of a property and also on the acquisition of a property.
All commercial property owners should consider whether Capital Allowances are applicable. Even if the capital expenditure was incurred a number of years ago and there is limited information available, this will not prohibit our experienced specialists undertaking a review to establish the validity of a potential claim.
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