Capital allowances is the hidden expenditure in commercial property.
Typically, this includes elements such as air conditioning, wiring, heating, lighting and security systems. All commercial property owners who are UK taxpayers may be eligible to claim capital allowances tax relief.
Originally broadcast on 22 May 2019, this webinar covers:
- latest updates on the current legislation for commercial property
- how to ensure you claim what your client is due
- consequences of ignoring the subject of capital allowances as part of a commercial property transaction
- restrictions on tax relief available on current and future property acquisitions.
Nigel Holmes, senior tax consultant, Catax - with over 18 years’ experience, Nigel advises both individuals and companies to uncover significant tax relief and tax refunds from their work. He was nominated for Tolley’s Taxation ‘Tax Writer of the Year Award’ in 2017 and posts regularly through Catax’s internal blog, ‘Tax Talk’, to educate and advise anyone thinking of claiming capital allowances, research and development or patent box tax relief, as well as providing content for external sources.
Mark Anthistle, senior capital allowances consultant, Catax - Mark’s career in tax kicked off in earnest when he changed roles within the company and became a capital allowances analyst, responsible for calculating the value of the unclaimed capital allowances within a client’s commercial property. Mark is a regular contributor to the in-house ‘Tax Talk’ blogs and has also written articles for Taxation Magazine on the subject of capital allowances.