Claim Outstanding Capital Allowances

Capital Allowances Online specialise in helping commercial property owners claim thousands of pounds that they didn't realise they had.

Everyone, both accountants and property owners, believe they are claiming all the Capital Allowances they are entitled to, however, this is not the case.

Over several years of identifying Capital Allowances in commercial property, we have yet to find any situation where there hasn't been Capital Allowances claim potential. In fact, the opposite is true. The claims we establish usually run into tens if not hundreds of thousands of pounds.

The routine accounting systems are regularly and properly identifying the Capital Allowances in ‘moveable’ items of plant and machinery but there are many pieces of plant and machinery that are attached to the building and therefore seen as part of the property. These items are usually not identified or considered to be plant and machinery for the purpose of the trade and therefore the Capital Allowances are not claimed on them. It’s money property owners don't realise they have!

There is no timebar on how far back we can go to identify expenditure and there is no claw back by HMRC on disposal of the property.

The Capital Allowance potential in a commercial property can be a considerable amount of money that property owners simply don't realise they have. It is often made particularly substantial by virtue of the fact that there is no time bar on how far back we can go to establish plant and machinery content... Think about that!