Capital allowances advisors

Each year millions of pounds of tax allowances and reliefs go unclaimed.

Tax issues are often overlooked or considered at a late stage in property transactions, but when the full suite of options for tax allowances are used proactively they can secure significant savings from acquisitions, disposals, developments and brown field remediations.

For many tax is a consequence, rather than a strategy. Working alongside our clients to deeply understand their circumstances we leverage tax reliefs to positively shape property strategies; maximising your potential, opportunities and savings across property transactions and developments.

We understand that commercial business drivers will always dominate property development and investment, but if tax allowances and reliefs are used strategically they can significantly enhance returns. Our experience means that we know where to introduce and implement tax allowance strategies for maximum effect.

Contact us

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]

News and updates

Avison Young UK appoints National Lead for Affordable Housing and Midlands Managing Director

Helen Collins standing on top of a building in Central Birmingham 21 October 2024

Helen Collins, Principal, National Head of Affordable Housing and Managing Director for the Midland, image credit to Shaun Fellows

Global real estate firm Avison Young UK has appointed Helen Collins as Principal, National Head of Affordable Housing and Managing Director for the Midlands region.

Helen brings more than 30 years of experience in senior consultancy and delivery roles, specialising in transaction advisory, development, regeneration and investment within both public and private sector sectors.

Prior to working for the firm, Helen was UK Board Director and Head of Affordable Housing Consultancy at Savills UK. Helen brokered and managed many ground-breaking stock rationalisation transactions and supported Homes England’s Strategic Partnership initiative. She led a multi-disciplinary team providing strategic advice to affordable housing stakeholders. Helen has long been a leading advocate for new ways of working and innovative partnerships to deliver new homes and investment in existing stock.

In her dual role at Avison Young, Helen will lead the firm’s affordable housing team, driving growth in services for key stakeholders, leveraging the firm's expertise in development, regeneration and residential investment. She will also oversee Avison Young’s Midlands multi-disciplinary operations as Managing Director, building on its established track record of regional development and investment across residential, commercial and industrial sectors.

As a Fellow and Former President of the Chartered Institute of Housing and a Professional member of the RICS, Helen continues to highlight the opportunity of private capital and FPRP’s in working alongside Housing Associations and Local Authorities to extend sector capacity for investment and development.

Nick Walkley, Principal and UK President, Avison Young, said: “Helen brings a proven track record as an experienced leader, building high performing teams to deliver great value for affordable housing stakeholders. This appointment reflects our growth strategy for a new leading multi-disciplinary national affordable housing team, which will deliver great services to landlords, developers, lenders and investors.”

Helen Collins, Principal, National Lead for Affordable Housing and Managing Director of the Midlands region, Avison Young, said: “I look forward to bringing my experience of successful social and affordable housing delivery to this new role and championing the role partnerships can play. As a Midlander, I’m proud to join Avison Young’s Birmingham office, working with a multi-disciplinary commercial and residential team of over 200 experts with a 50-year track record of delivery in the region.”

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 2022 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for 11 consecutive years.

For more information, please contact:
Flora Cowie, Senior Account Executive, London Communications Agency: [email protected]