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.

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.

Key capital allowances contacts

Peter O'Brien

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

News and updates

Avison Young appoints new Managing Director for its Industrial and Logistics team

David Willmer in London 28 November 2024

Global real estate firm Avison Young UK has promoted David Willmer to Managing Director of its growing Industrial and Logistics team, underscoring the firm’s commitment to expert leadership and strategic investment in this sector.

David has more than 40 years of experience in the industrial and distribution sector, with a specialist knowledge of consultancy for key developments across the Midlands. His portfolio includes work for prominent clients, including Legal & General, Indurent, IM Properties, PLP, and key projects include Peddimore in Birmingham, a. 1.7m sq. ft prime logistics development scheme for IM Properties, as well as Longbridge, Birmingham, a 72-acre mixed use development site for Indurent. Prior to this appointment, Willmer headed up the Industrial and Logistics team for Avison Young’s Birmingham office, where he consistently delivered value for occupier and developer clients.

In his new role, Willmer will focus on building upon Avison Young’s regional strength, particularly within the large-scale, big box markets, where the team has established a solid client base among occupiers and developers. He will lead the growth of the team nationwide, enhancing collaboration across the business. The firm’s Industrial and Logistics team has a longstanding reputation for excellence in regional markets across the UK, complementing its presence in London.

David aims to leverage this regional expertise to continue driving growth, while building on the sector-led foundation developed by former lead Andrew Jackson.

Nick Walkley, Principal & UK President at Avison Young said:
“David is the longest serving member of the Avison Young UK team and has a remarkable track record as a business leader. As part of our focus on investing in our people and expanding our offering for our clients, we are confident David will be an expert lead for our Industrial and Logistics team in key regional and London markets. His predecessor, Andrew Jackson, has built a brilliant team of sector experts and we wish him all the best going forward.”

David Willmer, Principal, Managing Director, Industrial and Logistics at Avison Young said:
“I am excited to take on this new role, leading our industrial team as we pursue growth and new opportunities for clients. Recognising our established reputation across the UK, I’m eager to deepen our strong client relationships and build on our recent successes. In 2024, our national team have transacted approximately 7.4 million sq. ft, and I look forward to building on this momentum.”

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]