Capital allowances advisors

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.

News and updates

Avison Young expands presence in South East Europe with strategic affiliation in Croatia

Filip Dumbović, Marko Varga and Klara Matić from Avison Young Croatia 14 February 2024

Toronto, ON – International commercial real estate firm Avison Young (AY) has announced a strategic affiliation with a dynamic team of experienced local professionals in Croatia. This expansion demonstrates AY's commitment to capitalize on opportunities in South East Europe. The new office will be located in Zagreb. The team's core areas of expertise include Office, Retail, Industrial & Logistics (I&L), Land, Residential, Hotels & Resorts, with comprehensive services provided through Capital Markets, Occupier Services, Valuation & Advisory and Hotels & Resorts.

The Croatian commercial real estate market is strategically located on the Adriatic Sea. It offers investors unique opportunities with a diverse, robust and rapidly growing economy, continued strong demand for tourism and hospitality, and a blend of historic and modern urban development with an emphasis on sustainability.

Led by Klara Matić, Filip Dumbović and Marko Varga, all as Principals, with Klara taking on the role of Managing Director, the management team brings extensive experience and a deep understanding of the local market.

Klara Matić, Principal and Managing Director of AY Croatia, said:
"We are delighted to join forces with Avison Young to bring a new level of real estate expertise to the South East Europe region. Our local insight combined with Avison Young's global reach will deliver real economic, social and environmental value to our clients and the communities they serve.”

Mark Rose, CEO of Avison Young, expressed his excitement about the expansion:
"This strategic alliance reinforces Avison Young's commitment to providing world-class real estate services across multiple geographies. We look forward to making a positive impact in South Eastern Europe and contributing to the success of our clients and the communities we serve. Joining forces with this talented team in Croatia strengthens AY’s global presence and enhances our ability to deliver exceptional results for our clients.”

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: 

Andrea Zviedris [email protected], Media Relations – Canada: +1 416.891.7416

Sandra Hill [email protected], Media Relations – United States: +1 281.853.5548

Andrea Klettner [email protected], Media Relations – United Kingdom

Victoria Gieseking [email protected], Media Relations – EMEA