Capital allowances advisors

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.

News and updates

Avison Young unveils annual Impact Report on global ESG vision and strategy

Avison Young unveils annual Impact Report on global ESG vision and strategy 03 August 2023

Bricks and mortar meet human touch, as Avison Young teams up with non-profit Women Photograph to capture portraits of progress.

Toronto, ON, Chicago, IL, London, UK - Global commercial real estate advisor, Avison Young, today released its Impact Report, detailing progress made in climate action, diversity, equity and inclusion, and community impact – as a part of its overall ESG vision and strategy.

The report outlines, among its themes, its progress toward net-zero, striving toward a diverse and inclusive workforce, and steps taken toward creating social value and community impact. Key projects highlighted include:

  • The firm’s new global headquarters – designed for connectivity, sustainability, and impact. Still in Toronto, the new office is newly located in the world-class TD Centre in the heart of Canada’s financial district;
  • The reimagination of the firm’s Manchester workplace, with a focus on inclusion and serenity. Inspired by quiet zones, dimmed lighting, curved edges and biophilic design, the office provides a people-centric experience for all who enter; and
  • Avison Young’s initiative to stay on top of emerging government legislation by integrating knowledge into client counsel and support, as evidenced by New York’s Local Law 97 – considered the world’s most ambitious building emissions legislation.

“Layering onto our environmental initiatives, we have also taken great strides toward addressing social challenges. Social value is changing the way we look at urban regeneration projects – and our teams around the world are proactively rising to the occasion,” said Mark Rose, Chair and CEO of Avison Young. “We recognize that no single organization can tackle these complex challenges alone. Collaboration is key to driving sustainable solutions and achieving lasting impacts. In that spirit, we have actively engaged with stakeholders, including government bodies, city leaders, non-profits, and our real estate industry peers.”

The Impact Report and web experience features creative, bold, photography commissioned by Women Photograph, a non-profit that elevates the voices of women and nonbinary visual journalists, ensuring storytellers are as diverse as the communities they represent. Avison Young partnered with Women Photograph because of a shared commitment to shine a light on gender equality in our industries and to support gender-balanced workforces.

About Avison Young

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 2023 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 12 consecutive years.

For more information:

Canada: Andrea Zviedris, Director, Media Relations – North America: +1 416.891.7416

United States: Sandra Hill, Manager, Media Relations – U.S.: +1 281.853.5548

United Kingdom: [email protected]