Your accountant will claim everyday objects like curtains, TVs, fire extinguishers, and furniture. However, until a thorough property examination has been done, you could overlook claims for capital allowances that could be significant.
Property owners who file a claim for capital allowances for fixtures often receive a cash rebate from HMRC and hire a specialist firm to put the application together.
There is very little risk when a claim is prepared correctly. Capital allowances are an established tax relief recognised by HMRC. Our specialists ensure every claim is fully supported, compliant with UK legislation, and we deal with any HMRC enquiries on your behalf. The real risk is missing out on relief you’re entitled to by not claiming at all.
You cannot claim capital allowances on residential property – however mixed-use, HMO’s, commercial properties and their fixtures are included.
You should claim before you start selling proceedings, give one of our specialists a call for a non-obligatory consultation to find out how much you could save.
Every calculation is evidence-based and tailored to your individual property, helping to maximise the tax relief available without overstating the claim. Our specialists identify what you’re eligible for, handle the process from survey to submission, and work directly with HMRC on your behalf, so you don’t have to!
There are no hidden fees or costs, and should a claim be unsuccessful, there will be no charge.
We have worked with thousands of clients across the UK. There’s no financial risk in getting in touch.
We do not proceed with claims that do not meet the requirements of the applicable tax legislation. Your tax return and tax computation are submitted to HMRC jointly. Because the report fully reveals the criteria for eligibility for tax relief and the methods employed.
We keep tax simple – We handle the hard work so you can keep running your business with minimal disruption. All it takes is a few details for us to see if you are eligible for Capital Allowance.
There is no absolute time limit preventing a retrospective claim on historic fixtures and fittings, meaning you can bring unclaimed qualifying costs into a current tax allowance.
