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.

Read More Read Less

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.

Read More Read Less

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.

Read More Read Less

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.

Read More Read Less

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

Avison Young named real estate service provider on Fujitsu’s Northwest Europe framework

Avison Young named real estate service provider on Fujitsu’s Northwest Europe framework 04 July 2022

Strategic real estate advisor will act as long-term partner, supporting the ongoing evolution of Fujitsu’s workplace portfolio.

Avison Young has been awarded a prestigious cross-border mandate from world-leading information technology provider, Fujitsu, to deliver property transactional and advisory services across nine countries in Northwest Europe.

Commencing early July 2022, Avison Young will be supporting the ongoing evolution of Fujitsu’s European office network, providing a breadth of multidisciplinary services for a portfolio currently encompassing 48 properties.

Powered by a network of global and regional real estate experts and underpinned by an integrated data-led approach via AVANT, Avison Young’s proprietary digital market intelligence and research platform, the firm will seek to create additional value for Fujitsu’s offices, ensuring workspaces are future-proofed and support the company’s inherent innovative spirit.

James Porter, Principal and Managing Director Occupier Solutions at Avison Young, said:
“Against the backdrop of businesses looking to balance employee satisfaction, productivity, ESG-considerations, and technology advancement with hybrid working, Fujitsu is taking a forward-thinking approach to its workplace strategy, examining how its spaces can deliver on all fronts. This holistic, people-centric thinking is exactly the kind of approach Avison Young has been championing with multi-national clients in response to accelerating office trends over recent years and it’s a pleasure to be so closely aligned on this common goal with Fujitsu.

Beyond our in-depth workplace expertise and digital-powered insights, our Principal-led structure provides accountability and ownership to ensure an empowered partnership with our clients, and we look forward to becoming a trusted, long-term advisor on this framework.”

Olly Dickinson, Head of Property & Workplace, Fujitsu NWE, added:
“In appointing an advisor to our cross-border framework, we were looking for a long-term partner that we can trust to deliver a consistent level of exceptional service across a range of markets. Having previously worked with Avison Young in the UK already, this is an exciting opportunity to deepen that relationship.”

+44 (0)20 7911 2959