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 its real estate, facilities, and infrastructure management business group

A view of office windows in Central London at night 17 December 2024

Global real estate firm Avison Young UK has announced a series of senior appointments in its Real Estate, Facilities, and Infrastructure Management (REFIM) Business Group. These new hires reflect the company’s commitment to enhancing delivery service and driving innovation across its operations.

Derick Jackson has been appointed as Regional Head of London and Southeast, Real Estate Management, to lead the team, while continuing in his role as Head of National Clients. Jackson has been at Avison Young for 25 years and until recently led management teams across the Northeast and Scotland regions from the Newcastle office. He has a wealth of experience in both agency and property management, working across both public and private sector clients. This includes the 10-acre East Pilgrim Street site in central Newcastle, through all phases of this large regeneration scheme from site acquisition to development stages over a period of 20 years.

Helen Ewles has been appointed as Regional Head for the Northeast and Scotland. With 17 years at Avison Young, Ewles managed a range of properties and played a key role in the East Pilgrim Street redevelopment in Newcastle. In her new role, she will build on the successful development of the team and strengthen the regional offering.

Heather Hill joins the firm as Head of Transitions, with over 23 years of experience in property management and finance. Hill previously worked for Cushman & Wakefield, where she managed transitions of service-charged properties. Prior to this, at Pennycuick Collins, she led a team of ten as Head of Client Accounting. Based in Birmingham, Hill will focus on improving processes, meeting deadlines, and leveraging IT solutions to drive efficiency.

Brian Reeves has been appointed as Director, Occupier Facilities Management, bringing 26 years of experience across a diverse range of sectors. Previously, Reeves held senior roles at EMI, The Design Museum, CBRE, and leading UK wide FM services across L&G’s Build-To-Rent sector. He will lead the Star Pubs account team, focusing on client communications, reporting, and driving growth.

James Callow and Martin McGrath join the firm as Regional Workplace Experience Managers. Callow has been appointed to the North, bringing a wealth of experience with over seven years in property management. He joins the firm from Derwent London, where he successfully led Front of House services and occupier engagement strategies. McGrath has been appointed to the South, with over 13 years of experience at Nuffield Health, where he held senior roles in customer experience, operational management, and service delivery. He has a proven track record in driving customer service excellence, overseeing revenue and retention across multiple locations.

This series of appointments also marks the expansion of Engage, Avison Young’s Destination Marketing service, to include Workplace Experience. This offer enhances the firm’s ability to deliver a fully integrated proposition, including occupier engagement, events and communications, workplace experience management, and tailored customer service solutions, ensuring even greater value for clients.

Tony Burchett, Principal and Managing Director of Real Estate, Facilities & Infrastructure Management at Avison Young said: “These appointments signal an exciting chapter in the capability and focus of our Business Group. Through investment in individuals who bring extensive expertise and passion for innovation, we are further strengthening our ability to deliver exceptional service to our clients. Each bring a unique skill set and perspective that will play a key role in driving the continued success of our Real Estate, Facilities, and Infrastructure Management services.”

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]