Capital allowances

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.

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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

Avison Young and UiPath partner to drive automation-powered real estate experiences

Avison Young and UiPath partner to drive automation-powered real estate experiences January 10, 2022

New York, Toronto and London – Avison Young, a technology-driven commercial real estate services firm  and UiPath (NYSE: PATH), a leading enterprise automation software company, today announced a partnership to deliver the real estate experience of the future. Avison Young will deploy UiPath enterprise automation software to increase the power of its predictive analytics and real estate data, providing brokers and client-facing professionals with faster, more valuable insights on properties to inform client solutions. The company will strategically deploy UiPath robots to staff to free them of routine, time-intensive tasks, with the long-term vision of providing one for every team member.

Avison Young is a leading firm that is seeing consistent growth driven by its use of intelligence platforms that provide clients with insight and advantage. To meet mounting demand and scale its business effectively, the company created a digital transformation strategy that gives staff the tools they need to focus on value-add work and superior client experiences. Central to the strategy is the development of in-house predictive analytics tools which allow teams to make more efficient, data-driven decisions.

To extend the power of these tools—and further free staff of manual tasks—Avison Young is using UiPath’s enterprise automation platform. UiPath robots will be used to support Avison Young’s entire technology stack, sourcing and gathering key commercial real estate data—including access to transportation, air quality, ceiling height, bike scores, and walk scores—faster and with more accuracy and cutting down on potential errors. This data then feeds Avison Young’s analytics platform, delivering insights that empower its sales staff to create bespoke solutions that meet client needs. UiPath was selected as Avison Young’s automation partner of choice for the power and scalability of its platform as well as UiPath’s integrations with other core tech solutions that Avison Young relies on such as Snowflake and Alteryx.

“We’re powered by people. Matching top talent with the best tech solutions has been a key differentiator for Avison Young and is essential to our ability to exceed client expectations by helping businesses, employees, and communities see the full potential of real estate,” said Mark Rose, Chair and CEO at Avison Young. “Our partnership with UiPath will take that commitment to the next level as we apply automaton to accelerate technology, data, and digital transformation. We are only in the early stages of our deployment and are already seeing the value UiPath automation will bring to our employees, our partners, and our customers.”

In addition to powering analytics, Avison Young plans to deploy UiPath robots to boost productivity by automating back-office tasks related to finance, accounting, property management, and other functions. Avison Young’s focus on investing in powerful technology solutions for its staff is a critical component of its strategy to boost employee satisfaction and retention during a period of extreme labor shortages and competitive talent wars.

UiPath also has selected Avison Young as a real estate partner for international real estate transactions, including in cities such as London and Toronto. The company plans to use Avison Young technology—powered by UiPath robots—to guide its global expansion.

“Avison Young’s vision is closely aligned with our own, which is to harness the power and potential of people by giving them the best available tools to make smart decisions, create an enjoyable workplace, and deliver more value in their roles,” said Ashim Gupta, Chief Financial Officer at UiPath. “With many industries facing extreme disruptions and a changing workforce, organizations like Avison Young that apply data and technology to maintain business continuity and achieve a competitive advantage are poised to succeed long-term. Along with being a strategic partner, Avison Young is a prime example of how to leverage automation to accelerate digital transformation.”

About Avison Young

Avison Young creates real economic, social, and environmental value, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment, and the community.

Avison Young is a 2021 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for ten consecutive years.

About UiPath

UiPath has a vision to deliver the Fully Automated Enterprise™, one where companies use automation to unlock their greatest potential. UiPath offers an end-to-end platform for automation, combining the leading Robotic Process Automation (RPA) solution with a full suite of capabilities that enable every organization to rapidly scale digital business operations.

Avison Young media contacts

Sandra Hill (U.S.)

[email protected] 

Andrea Zviedris (Canada)

[email protected] 

Rebecca Kalra (U.K.)

[email protected] 

UiPath media contact

Toni Iafrate

[email protected] 

UiPath investor relations contact

Kelsey Turcotte

[email protected]