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]
+44 (0)7947 377 122

News and updates

Avison Young announces senior leadership promotions to drive EMEA alignment and growth

Avison Young announces senior leadership promotions to drive EMEA alignment and growth 27 June 2022

The promotions include:

  • Jason Sibthorpe – Principal and President EMEA
  • Steve Cresswell – EMEA COO and CFO
  • Nick Walkley – Principal and President UK
  • Jo Davis – Principal and UK Executive Chair
  • Elizabeth Bartlett - EMEA Communications Director
  • Anjula Devi - EMEA HR Director

To strengthen global alignment and growth across its EMEA (Europe, Middle East and Africa) operations, strategic real estate advisor Avison Young has reorganized its UK and European leadership, promoting a host of senior leadership figures.  Our significant presence in the UK will provide foundational resources and support as we expand and grow the balance of Europe.

Working as a unified EMEA operation will allow the business to scale more quickly, driving growth and service expansion in an integrated way. This serves the ultimate goal of delivering best-in-class advisory and transactional real estate services across the private, public and third sector.

The following members of Avison Young’s UK and European leadership team will be promoted to lead the firm’s EMEA presence.

Jason Sibthorpe, formerly Principal and President UK, is being promoted to Principal and President, EMEA, with oversight of delivering strategy, growth and client development across the region. Working closely with the existing expert teams on the ground, including country heads, sector and service line leads and operations, Jason will ensure optimum alignment and infrastructure is in place to offer a demonstrable value-add service to clients.  

Steve Cresswell, European Finance & Operations Director, is being promoted to EMEA COO and CFO. With full responsibility and accountability of all financial matters throughout the region, Steve will oversee operational support and resource provision to the revenue generation side of the business. Steve’s chief mandate is to safeguard the effectiveness of business operations by ensuring that at each country level within the EMEA region the firm has the most effective financial and operational controls, administrative and reporting procedures, and people systems in place to effectively grow the organization, ensure financial strength, and employ strategies to maximize client satisfaction.

Nick Walkley, Principal and President UK Strategic Advisory is being promoted to Principal and President UK, responsible for the growth and strategy of the UK business, recruitment of top talent and business development. Nick’s mandate is to drive the acquisition and retention of top-tier clients across investors, occupiers and the public sector by taking the UK to the next level of technology sophistication, expanding cross-service line collaboration and business partnerships. Following a career in public service leadership, including as CEO of Homes England, Nick joined Avison Young in September 2021 to strengthen and expand its strategic advisory and consulting capabilities.

Jo Davis, Principal and Managing Director – Planning, Development and Regeneration, is being promoted to Principal and UK Executive Chair, responsible for delivering governance for UK strategy and growth, alignment with global priorities, and ensuring accountability to Avison Young’s UK Principals. Jo’s track record at Avison Young extends over 24 years, guiding the business though significant, transformational change. She established the South West Town Planning business, before taking on the role of Regional Managing Director for Bristol, in addition to her current role as Managing Director for Planning, Development and Regeneration.

Elizabeth Bartlett, Director, Head of UK Communications has been promoted to EMEA Communications Director. In this strategic role, Liz will be responsible for leading and integrating Avison Young’s EMEA internal and external communications teams to drive consistency of message and raise brand profile across these geographies. Liz has been with Avison Young since 2017, and in her time with the firm has significantly elevated the brand in the UK through communications strategy, media outreach and employee engagement.

Anj Devi, Senior HR Business Partner, has been promoted to EMEA HR Director. In this new strategic role Anj will support Jason Sibthorpe and Nick Walkley in the drive to create and grow a community that is truly ‘powered by people’.  She will be responsible for leading on alignment of HR across EMEA ensuring that as a global, multicultural organization, Avison Young recruits the right talent and empowers its people to be best in class. 

Mark Rose, Chair and CEO of Avison Young, said: “Avison Young’s re-organization helps ensure we can better serve clients as an EMEA business. At its core, alignment is about designing the optimal structure that best supports our talented people to deliver exceptional results for our clients. We have a track record delivering multi-national mandates across EMEA and these promotions will allow us to build on this success.”

Avison Young creates real economic, social and environmental value as a global real estate advisor, 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 2022 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 11 consecutive years.

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