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U.K. BASED BUSINESSES

Capital Allowances on Purchase &  Fit-Out Expenditure

"The average amount of capital allowances claimed by a business is in excess of 50% of the fit-out expenditure "

Claiming capital allowances in the U.K. is crucial for premises based businesses as it offers substantial financial benefits.

By doing so, you can reduce your taxable profits, leading to lower tax bills. This allows you to retain more of your earnings, reinvest in your business, and enhance overall financial stability.

Additionally, capital allowances promote business growth by incentivizing investment in assets, fostering innovation, and ensuring your business remains competitive in the market.

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WHO THIS IS FOR

Built for Businesses of all shapes and sizes!

 

We work in various sectors including:​

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  • Care

  • Hospitality 

  • Manufacturing 

  • Automotive

  • Transportation & storage

  • Retail & wholesale

  • Lesuire

  • Financial

  • Creative industries 

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Whether you’re building for investment or  occupation, capital allowances should be part of your project strategy.

What Are Capital Allowances?

Capital Allowances are a form of tax relief available to UK businesses that invest in qualifying assets used within the business.

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Instead of deducting the full cost as a normal business expense, HMRC allows businesses to claim tax relief over time or, in many cases, immediately.

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Qualifying assets can include:

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  • Machinery and equipment

  • Office furniture and fittings

  • Computers and IT systems

  • Air conditioning and heating systems

  • Electrical and lighting installations

  • Security and fire alarm systems

  • Integral features within commercial properties

  • Renovation and fit-out works

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Why Capital Allowances Matter

Increase Cash Flow

Reduce your corporation tax bill and retain more capital within the business.

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Improve Return on Investment

Recover value from property improvements and business asset purchases.

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Claim Retrospectively

In many cases, claims can be made on previous accounting periods if allowances were missed.

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Support Business Growth

Free up funds to reinvest into expansion, staffing, technology, or equipment.

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Whether you're investing in new assets, purchasing commercial property, or have completed refurbishment works in recent years, a Capital Allowances assessment could unlock substantial tax savings.

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