Capital allowances for restaurants & pubs
Commercial kitchens, bar fittings, cellar cooling, lighting schemes, toilets and fire systems. We typically find 32% of the purchase price.
Pub and restaurant owners often hold substantial unclaimed relief: commercial kitchens, bar fittings and back-bar, cellar cooling, lighting, toilets, security and fire alarms. Many miss out simply because their accountant hasn’t raised it.
We work with hospitality businesses from national brands to independent venues. On average we identify allowances equal to about 32% of the purchase price. A £500,000 restaurant typically yields around £160,000 of allowances and up to £64,000 in tax relief for a higher-rate taxpayer.
It typically takes six weeks from first consultation to relief. If no qualifying allowances are found, there is no fee.
What qualifies
Legislation that matters
The Upper Tribunal looked at pub refurbishments item by item: some decorative panelling failed, while preliminaries and builders’ costs could be apportioned to qualifying plant. It is still the benchmark for hospitality fit-outs.
Items that create the atmosphere customers pay for can be plant. A properly evidenced claim includes them rather than stopping at the kitchen.
Hospitality companies can deduct 100% of new main-rate plant such as kitchen equipment in the year of purchase, and 50% of new special rate items, permanently.
Recent restaurants & pubs claims
The UK’s leading capital allowance specialists
Embedded allowances need a property survey, a valuation and specialist tax knowledge. Most accountancy firms claim invoiced items such as furniture and computers, but don’t have the surveying resource to identify fixtures built into the fabric of a building.
Allowances are not deducted from the cost of the asset when calculating a gain (s41 TCGA 1992), so a claim cannot create or increase a chargeable gain. They can restrict a capital loss, and on a sale the s198 election decides what passes to the buyer, so plan it into the transaction.
Every claim is documented to stand up to scrutiny, and we support you throughout any HMRC enquiry. To date every report we have submitted has been approved.
No. If we can’t identify previously unclaimed allowances, there is no fee. Full fee terms are set out in our engagement letter.
Two minutes, no obligation, and no fee if we can’t identify previously unclaimed allowances.
