Capital Allowances Claims

Capital Allowances Claims

“It’s your money not the HMRC’s”

www.curtisplumstone.com
e.mail:- info@curtisplumstone.com

Business Model

Agents
Accountants Commercial
Commercial Brokers
Commercial Agents Property
Solicitors + Owners
IFA’s Strategic Partnerships

E-mail:- info@curtisplumstone.com

What are Capital Allowances ?
Capital Allowances are allowances which protect
profits or income from taxation.
They are obtained by valuing the plant & machinery
(P&M) & integral features within commercial
property.
Their use is governed by the Capital
Allowances Act 2001 but their origins
date back to the 1870s.

What are the benefits for the property owner?

You may be due a sizeable tax rebate!

You will benefit for many years from
reduced tax bills!


What types of property attract Capital Allowances?

• Any commercial property used with the intention of
making profits which are taxable including:-

Petrol
Offices
Stations

Furnished
Hotels
Holiday Lets


Care & Public
Nursing Houses
Homes

Industrial
Restaurants
Units

Retail Outlets / Warehouses / Showrooms / Bed & Breakfasts / Theme Parks
Doctors & Dentists Surgeries………… etc……….etc.…….etc.


What about leaseholders?
• Even if you lease a building rather than own it you can claim
capital allowances on any major refurbishments:-


What if I build a commercial property?
You can claim capital allowances on new build projects
as the expenditure is incurred.

E-mail :- info@curtisplumstone.com

What is plant & machinery?

Plant and machinery can include anything within a
property which supports the business such as the
following examples:-

Emergency Lighting Boilers Aerials Burglar Alarms Fans &
Heaters Freezer Rooms Lighting Fittings & Lamps
Smoke Detectors Sanitary Installations Generators
Soft Furnishings Switchboards CCTV Cameras
Specialised Floor Coverings Kitchen Equipment

Integral Features
For property constructed or purchased since April
2008 you have also been able to claim for integral
features as below:-
 An electrical system (including a lighting system)
 A cold water system
 A space or water heating system, a powered system of
ventilation, air cooling or air purification, and any floor or ceiling
comprised in such a system
 A lift, an escalator or a moving walkway
 External solar shading.


 We can undertake a FREE HIGH LEVEL REVIEW of your Capital Allowances
position letting you know the potential benefit and the predicted fees.
 We only engage surveyors who are dual qualified being both members of
the Royal Institute of Chartered Surveyors (MRICS) and the Association of
Tax Technicians (ATT).
 Your claim is dealt with by one person fully qualified and experienced to
undertake the whole process.
 Our fees are always competitive allowing the property owner to achieve the
maximum financial benefits. Also NO CLAIM EQUALS NO FEE.
 We work in harmony with your existing professional advisors for your
benefit.


Capital Allowances Claims

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