Capital allowances enable commercial property buyers to claim cash back from HMRC

Capital allowances enable commercial property buyers to claim cash back from HMRC

3:54 AM, 23rd February 2023, About A year ago

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A capital allowance claim is a way to offset the cost of certain assets in your property against your taxable profits.

In the case study below the purchasers were able to claim £23,950 cash back from HMRC based on unclaimed capital allowances of £66,300 for the following:-

  • Electrical Systems
  • Plumbing Systems
  • Sanitary Systems
  • Telecommunications and Fitted Furnishings

Capital allowances are not only claimable by big businesses. Any commercial property owner can make a claim, no matter the size of your property.

One success story we’d like to share with you is Lower House Bed and Breakfast, who made a capital allowance claim and received over £20,000 in immediate cash. That’s a lot of money that they can now reinvest in their business or use to pay bills.

If you would like to learn more about claiming capital allowances on commercial property you’re looking to buy, or already own, please complete the contact form below and Property118 will link you directly to our eBook in PDF format and pass your contact details onto me so that I can follow up to answer any further questions you might have.

Please send me further information about Capital Allowances claims


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