Capital allowances advisors

Each year millions of pounds of tax allowances and reliefs go unclaimed.

Tax issues are often overlooked or considered at a late stage in property transactions, but when the full suite of options for tax allowances are used proactively they can secure significant savings from acquisitions, disposals, developments and brown field remediations.

For many tax is a consequence, rather than a strategy. Working alongside our clients to deeply understand their circumstances we leverage tax reliefs to positively shape property strategies; maximising your potential, opportunities and savings across property transactions and developments.

We understand that commercial business drivers will always dominate property development and investment, but if tax allowances and reliefs are used strategically they can significantly enhance returns. Our experience means that we know where to introduce and implement tax allowance strategies for maximum effect.

Contact us

Construction claim assessment

Capital Allowances is a technical and specialist activity that requires an optimal blend of knowledge, experience, and attitude.

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Our services are provided by senior advisers that have performed at the highest level across a variety of service platforms. Accounting, surveying and property consultancy experience blends together a considered and mature approach to claim solutions. We assume a thorough approach is required in all client requests but wherever possible we adopt simple, clear and disclosed services.

We believe capital allowances are an essential aspect in any project armoury and an invaluable value engineering tool. The inclusion of capital allowances estimates to project viability, feasibility, and financial modelling studies is paramount to enable our clients to fully consider project scope and returns. Maximising capital allowances then becomes an intrinsic project element, providing confidence to clients, and all stakeholders and interested parties.

Having a range of understanding through plant and machinery allowances, general plant, integral features, super deductions and first year allowances, structure and buildings allowances, contributions, grants, repairs, etc requires a holistic experienced approach to evaluate the best approach required.

Strategic acquisition advice

Our consultants have 20 plus years of advising on large and complex transactions through proactive planning and negotiation.

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Best practice and a high level of understanding underpin capital allowances transaction strategies, whether in selling or buying scenarios. Adopting a bespoke forward-thinking strategy establishes a competitive advantage over the opposing transacting parties, and in this respect capital allowances is no different to client investment and negotiation advice. A little proactive planning using foresight and judgement goes a long way to providing knowledgeable and maximised tax outcomes.

The building fixtures environment has evolved many times over the last 20-30 years, with finally, in the last 5 years at least, HMRC achieving a greater level of control and transparency. Significant opportunities remain however, for both sellers and buyers through an understanding of seller structure and positioning, protection and creative use of allowances both unidentified or identified, or knowing the right information required at the right time out with the standard CPSE enquiries. The key to success is in engaging the right expert early.

Sectorising allowances

All industry sectors are unique but require a tailored and transferable approach of core disciplines.

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Our cross trained senior surveying and tax experts have a unique set of skills which are required to assess, evaluate, review and document optimised capital allowances claims for our clients. We believe that core capabilities are essential to maximise savings in all industry sectors including offices, hotels and leisure, healthcare, manufacturing and so on. Whilst some industries require a more truly specialised approach such as the water industry or previously sports stadia and grounds (safety at work), we are also firm advocates of establishing expert knowledge in our client sectors.

Years of experience in listening to our clients business ideas and aspirations has taught us where best to place our focus in building strategies to increase allowances and savings. Existing building alterations may throw up a high degree of incidental assets, hotel projects will include a significant amount of embellishments and finishes, and healthcare builds will contain a high incidence of protective and clean assets. We listen, we learn, and we understand to how best develop our services to serve our individual clients.

Land remediation relief

An extremely rewarding tax relief that necessitates a highly specialised level of qualitative due diligence.

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Capital allowances advice requires a good degree of technical due diligence and entitlement considerations, and a high focus on analytical cost skills. However, the extremely valuable land remediation relief requires an opposing approach. To secure this relief It is fundamentally important to carry out a thorough understanding and review of all relevant client, transaction, property, environmental considerations, remediation strategy, and relevant costs to advise clients property. Failure to do so could be very costly.

A full review of this tax relief by HMRC several years back resulted in higher levels of legislative entitlement to focus the financial benefit where previously intended. Robust due diligence is key and must be enacted with the both the client’s and project consultant’s assistance to enable full disclosure of all relevant case facts. Our consultants are highly motivated to ensuring all client’s take advantage of this valuable project saving but with the correct, detailed approach.

Key capital allowances contacts

Peter O'Brien

    • Principal & Managing Director
    • Valuation Advisory Services
peter.o'[email protected]

News and updates

Liverpool Place Partnership launches Future Impact Board

Liverpool Place Partnership launches Future Impact Board 17 December 2021

Team of under 30s built environment professionals to lead Liverpool’s narrative of the future.

Team of under 30s built environment professionals to lead Liverpool’s narrative of the future.

The Liverpool Place Partnership officially launched its Future Impact Board at its partner meeting today when it also revealed its plans to shake things up at MIPIM Cannes in 2022 and in the future.

At the meeting, which was attended by Metro Mayor Steve Rotheram, the partnership outlined how through the Future Impact Board it would bring a new sense of place and a new narrative to promote Liverpool to investors, not only at MIPIM, but through a series of events and the media up to and beyond the conference next March.

The Future Impact Board is made up of a team of young property and construction professionals committed to striving for positive change for the future of Liverpool City Region.

The board is led and mentored by Susan Patterson, Senior Business Development Manager at The-MTC. She said: “The voice of the Future Impact Board is instrumental in influencing and informing the way we shape and promote the future of the city region. Their experience of Liverpool is fresh and positive which is why it’s important we have a voice of young professionals who are skilled and experienced enough to challenge us and impact the way we promote the region. Their input will ensure we leave the negativity we often carry with us behind, while allowing their voices to take us forward positively.”

Stephen Cowperthwaite, chair of the Liverpool Place Partnership and MD for Avison Young in Liverpool, said: “By collaborating with the City Region and the Liverpool Place Partnership, the board will provide a valued, diverse voice for the younger generation. They don’t remember the 20th century Liverpool but have grown up with Liverpool One, Capital of Culture, art on every street corner and giants roaming the streets, to the delight of millions of people. It’s all about their place and how our actions today will impact social value and our net zero carbon ambitions of the future. They have built their own narrative for Liverpool and through that they will be well positioned to influence decision making on a local, national and international platform.

“The Liverpool Place Partnership has become a support group and advocator across the private and public sectors. It is an introducer, thought leader and investment facilitator and, along with the Future Impact Board and our partners, will be attending MIPIM Cannes next year but sustainably, responsibly and as disrupters with the voices of the future at our centre.”

Jess Jones, graduate planner at Arup and a member of the Future Impact board, said: “Liverpool is in a period of exciting change. I am so lucky to have a chance to play a role in the placemaking and regeneration of the City Region. My role within Arup has taught me that it is vital to have a diverse set of views and an open mind on ideas. Therefore, the opportunity to be a thought leader, and influence the regeneration of the city further as part of the Place Partnership excites me and is something I am willing to commit fully to.

“I understand, of course, that Liverpool as a place may not mean as much to others as it does to me, but I’d like to play a part in changing that, so everyone has a chance to influence and be heard.”

The Liverpool Place Partnership will continue to host monthly round tables and webinars, as well as quarterly partner meetings and attendance at key national property events, providing an open door for discussion and debate with investment in the City Region at its core.

For more information about the Liverpool Place Partnership and the Future Impact Board please click here. For more information about how you can join the Liverpool Place Partnership, please click here.

+44 (0)151 471 6734