Unlocking Capital Allowances for Offshore Trust-Owned Commercial Properties

Your Eligibility and Why It Matters

Just because your commercial property is held in an offshore trust doesn’t negate your rights to claim Capital Allowances. UK tax laws have provisions that permit claims on commercial properties, irrespective of the ownership structure, so long as the income generated by these assets is taxable in the UK.

With Capital Allowances, commercial property owners can substantially reduce their taxable profits, leading to significant savings. This can be particularly advantageous for high-value properties or those with extensive fixtures and fittings that qualify for allowances.

Claiming Capital Allowances, especially for offshore trust-owned properties, can be intricate. It demands a deep understanding of both the UK’s Capital Allowances system and the nuances of international trusts. Thankfully, our team is well-versed in bridging these two domains, ensuring you can confidently make claims without inadvertently crossing regulatory lines.