Did you know? Capital Allowances on Fixtures is one of the highest tax reliefs for property owners and only 1 in 10 owners claim their full entitlement to this relief!

We know that Fixtures Capital Allowances can be a complicated area of tax to explain, so we have listed a number of responses to some common questions that you might have.

If you still have questions relating to your particular circumstances, then please feel free to call or email us for a free impartial discussion. Our professional team of Capital Allowance gurus are always on-hand to help.

 

 

 

What are Capital Allowances?

What are Capital Allowances? Capital Allowances are a form of tax relief given in place of depreciation (which is not allowable for tax purposes) on qualifying items of plant and machinery.

Read More

Is there a time limit to access these Capital Allowances?

There is no statutory time limit on how far back we can look however, the purchase could have been many years ago.

Read More

What fixtures can I claim Capital Allowances on?

What Capital Allowances can be claimed on will vary from building to building and between different industries.

Read More

Capital Allowances from a program of construction works

Picking up all the Capital Allowances eligible expenditure in a development or renovation is not always as straight forward as it sounds.

Read More

Capital Allowances when a property changes hands

When you buy or sell a property there are several requirements laid out in the Capital Allowances Act all transactions post April 2014 must comply with.

Read More

Won’t my Accountants be doing this already?

Claiming allowances on movable items of plant and machinery (IT equipment, machinery, vehicles etc) is very much within the skills sets of most general practice accountancy firms.

Read More
 

Download Capital Allowances PDF

Please enter your name
Please enter your email address
Invalid Input

 

 

S-TAX Calculator 

Get a quick estimate of your available allowances now

Stanley Tax Associates (S-Tax) logo for Capital Allowances home

Capital Allowance Calculator

Property Type *
Property Price *
£
Property Improvement *
£
Owner Tax Banding *
Please ensure fields with * are populated.
Name *
Phone *
Email *
Year of Purchase
Ownership type

Opt in to receiving Capital Allowance related marketing material

Estimated Allowances

£0.00

Cash Benefit

£0.00

Please note: These are estimates, rates can vary depending on your circumstances.

Our offices

Head Office

16-17 Queens Road, Brighton, BN1 3WA

01273 044038 brighton@s-tax.co.uk

London Office

90 Chancery Lane, London, WC2A 1EU

0207 147 9940 london@s-tax.co.uk

Glasgow Office

272 Bath Street, Glasgow,
G2 4JR

0131 605 4038 glasgow@s-tax.co.uk

Plymouth Office

Salt Quay House, Plymouth, PL4 0HP

01752 922 038 plymouth@s-tax.co.uk