Capital Allowances are a crucial, yet underutilises part of commercial property tax planning. Whilst they present a significant opportunity to claim tax rebates and ongoing relief, there are several different forms of Capital Allowances and rates that are important to consider when completing your claim.
Our capital allowance specialists carried out a review on the acquisition of the Aparthotel and identified £640,000 of qualifying expenditure, generating over £128,000 of tax savings!
A Nursery group has experienced a significant financial windfall through completed an Embedded Capital Allowance claim with HMA Tax.
In the recent weeks with industry bodies and businesses providing additional commentary, more details have been released, with five specific reforms currently being under discussion.
You or your firm could be missing out on thousands of pounds in additional commission through ignoring the Embedded Capital Allowances held within commercial properties.
LEGISLATION UPDATE: Potential reforms are under consideration by Government for the UK capital allowances regime.
A recent client has identified £940,000 of qualifying expenditure, generating over £328,000 of tax savings.
Andy Milnes and Karmen Freimuth, attended the event to share their tips to a successful Embedded Capital Allowance claim and explains why ECAs are an essential part of tax planning that is often overlooked by care home owners and operators.
Across the board, we are starting to see a spike in general enquiries from those who own, invest in and operate commercial properties.
Care home owners are increasingly becoming aware of the fact that their commercial properties are holding thousands of pounds in unclaimed tax relief in the form of Embedded Capital Allowances.
Government are continuing to support the Capital Allowances Scheme with the continuation of the 130% Super Deduction until 31 March 2023.
As we turn the corner and move into 2022, the UK’s commercial property sector is shaping up for a strong recovery amid a generally positive economic backdrop. How commercial property owners proceeds into early 2022 will set the foundation for its continued success over the next several years.
In recent weeks, in the wake of the COP 26, there has been rising pressures from tenants and stakeholders to improve ESG performance for commercial properties. Whilst investment and government incentive are crucial to implementing these changes, commercial property does has inherent advantages in adopting greener, more sustainable practices.
A bit over a month since the September Quarter Day due date, the collection of commercial property rents in the UK has reached the highest level seen since March 2020, according to the latest figures.
Whilst much of Autumn Budget Review displays a ‘steady course’ approach to the measures revealed earlier this year, we are now starting to see these measures implemented, as well as some fortunate delays to encourage capital investment.
Signs are indicating that there is an exciting future ahead for the Build to Rent across the UK as the emerging asset class gains significant investment at an astonishing rate.
Scotland is starting to offer the highest commercial property yields in the UK, increasing by over 60% in the past year.
BIRMINGHAM: A property developer acquired a serviced apartment complex located in Birmingham, and will receive £128,000 in tax relief.
In response to last weeks Biznow article, a commercial property owner has just started their 6-week journey to claiming thousands of pounds of tax relief.
Industrial and logistics asset classes have skyrocketed, with lets well above the estimated rental values and transactions occurring at record high prices and figures. It's truly an incredible time to own industrial properties within the UK.
BIRMINGHAM: A recently engaged commercial property fund has started their 6-week journey in claiming thousands of pounds in tax relief with the help HMA Tax.
A Manchester based corporation are ending the quater with a pleasant windfall, as they have been able to claim over a million pounds in capital allowances across their diverse commercial property portfolio.
Capital allowances still remain one of the most useful and inexpensive resources available for commercial property owners to improve their overall position through mitigating corporate tax liabilities on embedded assets within a commercial property.
Due to our ongoing domestic success, we are thrilled to announce we will be opening 3 new offices across the UK and will be relocating our headquarters to our new Birmingham office.