About the product
In the plainest English possible, they are a way for the owners of commercial property to reduce their tax bills.
Examples of properties on which capital allowances can be claimed include:
Hotels and B&Bs
Nursing and residential homes
Dental and GP surgeries
Factories and industrial units
Filling stations and garages
Depots and warehouses
Haulage yards and transport facilities
Offices and retail stores
According to research, more than 9 in 10 owners of UK commercial property — from the smallest newsagent to a 30-storey office block — will be due a tax benefit from HMRC as a result of unused capital allowances tax relief.
Examples of properties on which capital allowances can be claimed include:
Hotels and B&Bs
Nursing and residential homes
Dental and GP surgeries
Factories and industrial units
Filling stations and garages
Depots and warehouses
Haulage yards and transport facilities
Offices and retail stores
According to research, more than 9 in 10 owners of UK commercial property — from the smallest newsagent to a 30-storey office block — will be due a tax benefit from HMRC as a result of unused capital allowances tax relief.
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