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 strengthens national offices team with four senior hires

An image looking up at glass skyscrapers in Central London 09 December 2024

Global commercial real estate firm Avison Young has announced four new senior hires in its national offices team in three key markets - Birmingham, Liverpool and Glasgow - as the firm continues to strengthen its provision for clients across the UK.

The Birmingham office welcomes Mark Robinson as Principal and Head of the Birmingham Offices Team, while Charlotte Fullard joins as a Director. In Liverpool, Gabriel Davies takes up the role of Associate Director, while in Glasgow, Craig Dodds also joins as an Associate Director.

An experienced agent with detailed knowledge of the Midlands office market, Mark Robinson most recently spent six years as a Senior Director at BNP Paribas. Prior to that, he was a Director at KWB for seven years, providing strategic guidance to clients ranging from building owners and property developers to corporate occupiers.

With over 20 years’ experience in the sale, letting and acquisition of office premises in the West Midlands, Charlotte Fullard also joins from BNP Paribas, where she served as a Senior Associate Director, following stints at Lambert Smith Hampton and Vail Williams, where she spent over three years as Head of Commercial Agency.

Gabriel Davies joins the Liverpool team with eight years’ experience, having worked his way up from Graduate Surveyor to an Associate at Fisher German (formerly Matthews & Goodman). He is also Chair of RICS Matrics Committee in Liverpool, an early-career community designed to support young property professionals, and sits on the Future Impact Board.

Craig Dodds arrives at the Edinburgh office as a specialist in commercial transactions and asset management, having spent six years at Workman LLP, working his way up to Senior Associate before taking up the role of Asset Manager at LCP Properties, where he worked on a varied portfolio, with a focus on retail assets. In his new role, Craig will be focusing on growing Avison Young’s commercial transactional offer across the East of Scotland.

The four senior hires in Avison Young’s national offices team follow a string of key appointments for the firm throughout 2024, including Helen Collins as National Head of Affordable Housing and Managing Director for Birmingham; Hollie Ruddle as Regional Investment Director for the South West; and Chris Wright, formerly of Tesco, as Head of Sustainability and Decarbonisation.

Chris Cheap, Head of Transactions at Avison Young UK, said:
“We’re passionate about delivering a first-class service and bringing unrivalled expertise to our clients, and part of that is building out a knowledgeable, specialist transactions team.

“Throughout 2024, Avison Young has committed to building our presence across UK regions and each of our new hires brings with them local knowledge that will set our services apart. Together, we’ll be able to ensure Avison Young continues to lead the way, delivering tangible outputs for our clients across our UK footprint.”

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 Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for eleven consecutive years.

For more information, please contact:

Leila Jones, Active Profile: [email protected]