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We have the knowledge and experience to quantify what our clients’ allowances may or may not be – and as a result we can identify major sums of money in terms of tax saved.

Capital Allowances

The tax relief available on commercial property assets can significantly increase post-tax profit and income. Yet this complex area of the UK tax legislation is often overlooked.
 
Our specialist Capital Allowances team uncovers every opportunity to claim. Our duel expertise in property and in tax, combined with robust knowledge of construction costs, gives you a distinct commercial advantage.

From the outset, we work with you to maximise your claims – considering everything from tax efficient designs through to energy efficient and green technologies.

And if capital allowances is a new consideration for your company, we can carry out an audit of your business to identify opportunities for savings.

Our Capital Allowances team can make a huge difference to your bottom line. In fact, we’re so confident that you’ll be blown away by what we can help you achieve, we don’t charge fees up front.

Overview of our services

We work with clients both in the UK and across the globe – including Ireland, Australia, New Zealand, Hong Kong and Singapore. Our services include:

  • Providing strategic capital allowances advice during design & construction
  • Assisting clients when buying/selling commercial assets to maximise their allowances
  • Advising clients on Land Remediation Relief, Business Premises Renovation Allowances (BPRA), Enterprise Zones (EZs) Enhanced Capital Allowances (ECAs), Contribution Allowances, Service Charge Payments
  • Preparing detailed, ‘full disclosure’ capital allowances claims that can be submitted as part of your tax computations
  • Negotiating claims with Her Majesty’s Revenue & Customs (HMRC) on behalf of our clients to reach agreement on claims

Click here to read about the Capital Allowance legislation changes effective April 2014.

Our experience

Clients

We advise both occupiers and investors on this niche area of property tax. Our clients include:

  • B&M Retail Limited
  • Deka Immobilien Investment GmbH
  • Kennedy Wilson Europe
  • Legal & General
  • Mitsui Fudosan UK Limited
  • Paperchase
  • Santander UK Limited
  • Schuh

Track records

WestInvest Gesellschaft Für Investmentfonds mbH
14 Pier Walk, Greenwich Peninsula, London

Capital allowances claim value of £42.7m, representing approximately 49% of the purchase price.

Kennedy Wilson Europe
Shopping centre portfolio, UK

Identified £18m of capital allowances with an additional total of £3.6m cash savings identified for our client (over time).

Paperchase
Buchanan Street, Glasgow

Identification of Enhanced Capital Allowances (ECAs) qualifying items of expenditure and tax savings over time.

Santander UK Limited
Carlton Park, Leicester

 
Identified total tax savings in the region of £34m for the development of two new data centres.

Schuh Limited
West Lothian, UK

Identification of Enhanced Capital Allowances (ECAs) qualifying items of expenditure and tax savings over time.

Sectors

Capital allowances are available for all UK Investors, whether as individuals or corporations. The sectors we work in include:

  • Offices
  • Hotels
  • Retail & Leisure
  • Industrial

Downloads

Related services

Quantity Surveying
Rating and Taxation

 

 


 

“We have the knowledge and experience to quantify what our clients’ allowances may or may not be – and as a result we can identify major sums of money in terms of tax saved.”

Graham Burrell, Senior Director – Head of Capital Allowances

CONTACT US

 

Graham Burrell

Senior Director - Head of Capital Allowances
Building Consultancy - Cost Consultancy

Graham Burrell

T: +44 20 7182 2092
graham.burrell@cbre.com

Peter Mildenhall

Senior Director
Building Consultancy - Cost Consultancy

Peter Mildenhall

T: +44 20 7182 3834
peter.mildenhall@cbre.com

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