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Do you own Commercial Property?

We Partner With Australian Expats And Commercial Property Investors Throughout the APAC Region.

Living in Australia with a UK commercial property portfolio? You might be overlooking significant tax relief benefits.
Our dedicated APAC team is here to ensure you get every entitlement your UK property affords.

Australia's renowned landmarks and the potential for Capital Allowances

CAPITAL ALLOWANCE CLAIMS

YOU COULD BE ELIGIBLE FOR SIGNIFICANT TAX RELIEF

Owning UK commercial property while living Australia can come with its unique set of challenges, particularly in the realm of taxation. Yet, many are unaware of the potential tax-saving goldmine known as Capital Allowances.

These tax reliefs enable you to claim back a substantial portion of the costs of specific qualifying assets – be it equipment, structures, or integral features. These allowances not only diminish your taxable profits but can also lead to substantial tax refunds.

This is where HMA Tax steps in. With our larger APAC team, we specialise in aiding Australian residents understanding and benefiting from Capital Allowances and mitigating tax locally or in the UK.

Through our personalised service approach, we delve deep into your specific circumstances, ensuring you harness the full potential of Capital Allowances.

RECENT EXAMPLE

CLAIMING SIGNIFICANT TAX RELIEF

A modern care home facility was acquired for Β£3.2m during the 2022 tax year.

We supported their solicitors throughout the transaction and identified Β£1.23m of previously unclaimed Capital Allowances.

Our specialist input allowed our client to utilise their entire Β£1m Annual investment Allowance, ensuring a first year benefit of Β£492,800.

Purchase Price of Property

Β£3,200,000

Capital Allowances Identified

Β£1,232,000

Property Owners Tax Rate

40%

Tax Relief

Β£492,800

Initial Tax Refund

Β£430,401

WHY YOU SHOULD CLAIM

THOUSANDS OF POUNDS IN UNCLAIMED RELIEF

1

Reduce tax liability

By claiming capital allowances, the property owner can reduce their tax liability, thereby increasing their net income.
2

Cash flow

Claiming capital allowances can also provide a cash flow benefit by allowing the property owner to offset the cost of purchasing assets against their tax bill.
3

Compliance

Claiming Capital Allowances is a legal requirement, and failure to do so can result in consequential losses
4

Increase Property Value

Capital Allowances can also increase the value of a property, as the potential buyer can claim the allowances going forward, providing them with a similar tax benefit.
5

Professional Partners

We partner with hundreds of Accountants and Solicitors across the UK to help their clients receive the maximum tax relief available. 70% of our Clients have been introduced to us by their Accountant or Solicitor.
6

No Upfront Fees

There are no upfront fees. You won't pay anything until your report is approved by HMRC and you’ve received your relief.
Speak With An Expert

OUR IMPACT

THE UK'S LEADING INDEPENDENT CAPITAL ALLOWANCE SPECIALISTS