Specialist Services for Capital Allowances

Capital allowances and associated reliefs can generate significant valuable tax savings for property expenditure.

TWP has considerable tax expertise in this field and our skills enable us to provide tailored, innovative and proactive solutions to maximise our clients’ tax savings and reduce their risks.

We are unique in offering a complete capital allowances service, encompassing compliance, transactions and planning, both home and abroad.

Compliance

Capital allowances are a right, not a privilege. However, taking up that right can be complex. Our services include:

Preparing and agreeing capital allowances claims:

New construction and refurbishment projects
Property acquisitions
Remediation of contaminated land and buildings
Research & Development Allowances

Statistically valid sampling – ideal for multiple property owners
Enhanced Capital Allowances reviews
Long Life Asset reviews

Transactions

Capital allowances are often overlooked when deals are in the offing. Thinking in advance about capital allowances can give you the upper hand, and generate additional tax savings. We can provide:

Contract advice
Pre-contract enquiries & estimates of allowances
Entitlement reviews
Acquisition and disposal advice
Contributions advice

Planning

Planning can take many forms, from detailed structures down to effective use and timing of elections. Very often, minor “twists” can secure additional tax savings, without changing the commercial nature of the transaction. We can advise on: