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.

Key capital allowances contacts

Peter O'Brien

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

News and updates

Avison Young's London Office appoints Co-Managing Directors

Kat Hanna and Adrian Boyce 07 November 2023

Avison Young today announces the successful appointment of new Co-Managing Directors for its London office: Kat Hanna, currently Director of Strategic Advisory and Place Strategy, and Adrian Boyce, currently Principal and Head of Project Management, Workplace, Arts and Culture. This significant milestone in the firm’s leadership framework demonstrates Avison Young’s commitment to growth across all regions in the UK, and its collaborative and people-centric working model.

Following an extensive internal application and interview process, Hanna and Boyce have been recognised for their outstanding contributions to the company. Their appointment will bring forth a fresh strategic direction that will not only benefit clients, but also generate a positive and meaningful impact within the communities AY serves, aligning with the company’s ethos of fostering sustainable growth.

Kat Hanna joined the company over a year ago bringing a strategic approach to placemaking, regeneration and development, and supporting the Management Committee in business planning and corporate strategy. Hanna brings deep industry knowledge, having worked in London politics, policy, and development for the past decade. She is an experienced commentator on urban affairs, has an extensive network in the London property sector, is Chair of the NLA NextGen Committee and trustee of the London Society.

Prior to joining Avison Young, Hanna was Masterplan Strategist for Lendlease, working on the over-station redevelopment of Euston, London. She has also held roles at Cushman & Wakefield and Centre for London.

Joining the company earlier this year, Adrian Boyce has brought a wealth of experience in project management and an extensive background in occupier-focused solutions. With over two decades of experience in London's real estate landscape, Adrian provides strategic vision and diverse expertise to this new role, having previously been Head of Capital Projects Solutions at JLL for seven years. Here he held several leadership roles working across Project Management, Sales, and Occupiers Solutions; prior to JLL, Adrian worked at AECOM for 12 years as Director of Project Management.

Adrian's portfolio at AY encompasses a wide range of projects, including the major development of Salisbury Square for the City of London Corporation, working with renowned cultural institutions such as the Victoria & Albert Museum and the Science Museum, and global corporations on workplace and occupiers’ strategies.

Nick Walkley, UK President, Avison Young, said: “Both Kat and Adrian have consistently demonstrated their commitment and capability within Avison Young, establishing their status as invaluable assets to our organisation. They will enrich our leadership team with their substantial skills and wealth of experience.

“The decision to appoint two Co-Managing Directors for the London office is a strategic move aimed at harnessing the unique strengths and perspectives that Kat and Adrian bring to the table. This co-leadership model not only empowers our London office but also reinforces collaboration with our clients and partners. It allows us to offer a diverse and dynamic leadership approach that can navigate the complexities of the London market effectively.”

Kat Hanna, Director of Strategic Advisory and Place Strategy, Avison Young, said: “I am excited to bring my understanding of and passion for the London office, and our many outstanding people and projects, and the city and context in which we work to this role. I look forward to working with Adrian, in combining our respective strengths, insights and networks to create a culture of collaboration and community in London that ensures we can best anticipate and respond to the needs of our London clients.”

Adrian Boyce, Principal and Head of Project Management, Workplace, Arts and Culture, Avison Young, said: “I am delighted to be a part of driving growth for the London office and in its ongoing transformation, bringing my sales and commercial acumen to the role. I look forward to developing relationships with this team so that London achieves its potential, but also to playing a supporting role in other regions. This collaborative leadership approach between myself and Kat, will bring combined experience and diversity of thought to navigate this dynamic sector.”

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