Get the most from your commercial property and equipment investments with expert capital allowances guidance.
Claims on 'second hand' buildings are very possible but can be tricky; the seller's and former owners' own claims need to be considered.
Whether you are in the midst of buying a commercial property, have recently completed, or already own a commercial property or portfolio, we can see whether there is an opportunity to claim.
A review of your sale and purchase agreements
A review of the CPSE.1 replies and any capital allowances election
Desktop research into the history of the property
An email report detailing your opportunity for a claim and next steps
We leave no stone unturned to see if you have a legitimate claim, but we will be upfront if we think the legislation and rules prevent a claim for any reason.
We carry out the survey, detailed analysis, valuation and report writing work needed to submit a claim to HMRC. Our service also includes dealing with HMRC enquiries and supporting your accountant in putting the claim in your tax returns.
While we're focused on embedded Capital Allowances, we can support our clients and their accountants with all Capital Allowances across different types of business assets and expenditure.
18% annual allowance on equipment and fixtures, or 100% in year one with Annual Investment Allowance (up to £1m)
Examples:
3% annual allowance over 33 years for building fabric and non-plant structures
Examples:
100% first-year allowance for main rate plant and machinery, 50% for special rate (companies only)
Examples:
Claim allowances when contributing to someone else's capital expenditure
Examples:
A wide range of business assets and expenditure can qualify for tax relief.
What clients say about working with Lexmore.
“Knowledgeable, professional, and incredibly responsive”
I've had an excellent experience working with Fabien. He has been taking care of my R&D project, and throughout the entire process he has been knowledgeable, professional, and incredibly responsive.
Capital Allowances are available to UK businesses and individuals with qualifying business or property expenditure.
Companies
Partnerships
Sole Traders
Landlords
Manufacturing
Retail
Hospitality
Healthcare
Real Estate
Technology
Construction
Professional Services
Insights and guides about Capital Allowances