Would I not have already claimed this?
Why your accountant likely missed this.
Most accountants are experts at your 'Profit & Loss' but aren't trained in 'Property Surveying.' Embedded Capital Allowances are found in the fabric of your building—items like wiring, heating, security systems, and even air conditioning. If you bought or built your property, you've already paid for these. Why not claim the tax relief you’re legally owed?
What qualifies?
- Electrical Systems: Cabling, lighting, and power points.
- Climate Control: Heating, ventilation, and AC units.
- Security & Safety: Fire alarms, CCTV, and emergency exit signs.
- Sanitaryware: Kitchens, bathrooms, and underground pipework.
Do you qualify?
Tax Planning for Small Businesses
You are likely eligible for a significant tax rebate if:
- You own a commercial property (Freehold or long-term Leasehold).
- The property was purchased for more than £200,000.
- You are a UK taxpayer (Limited Company or individual).
- You haven’t already completed a specialist capital allowance survey.
How does it work?
Embedded Capital Allowance claims can be completed within just 4 weeks from initial engagement. Here
1. Desktop Review
We explore the opportunity by discussing the acquisition details: date, price, address, and commercial use percentage, to provide an initial estimate.
2. Due Diligence Check
We complete the necessary security checks prior to engagement to ensure all parties’ protection. This will included analysis and potentially revision of purchase contracts and looking through prior transactions of the property in question.
3. Property Survey
A site visit or remote survey is carried out by our in-house surveyors.
For on-site surveys, one of our chartered accountants will also attend to answer any questions.
4. Capital Allowance Report
Our specialist team compiles findings into a clear, concise report detailing the available capital expenditure.
5. Review
We bring all parties together to review and understand the proposed adjustments.
6. Submit to HMRC
Once approved, our in-house chartered accountants file the amendments to the CT600, or alternatively we can provide the report directly to your accountant to submit.
7. Refund & Ongoing Tax Relief
Any cash relief from HMRC can be paid into our client account or directly to the client’s chosen account. Ongoing relief is then available at each year-end moving forward.
