27/05/2026
𝗔𝗿𝗲 𝗬𝗼𝘂 𝗠𝗶𝘀𝘀𝗶𝗻𝗴 𝗢𝘂𝘁 𝗼𝗻 𝗩𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗧𝗮𝘅 𝗥𝗲𝗹𝗶𝗲𝗳?
If you're planning a construction or refurbishment project, you could be leaving thousands of pounds in tax relief on the table.
Here's how to maximise your capital allowances:
𝟭. 𝗣𝗟𝗔𝗡 𝗕𝗘𝗙𝗢𝗥𝗘 𝗬𝗢𝗨 𝗕𝗨𝗜𝗟𝗗
Think about tax relief from the beginning. Selecting tax deductible fixtures and fittings will help reduce your tax bill..
𝟮. 𝗨𝗡𝗗𝗘𝗥𝗦𝗧𝗔𝗡𝗗 𝗪𝗛𝗔𝗧 𝗤𝗨𝗔𝗟𝗜𝗙𝗜𝗘𝗦
Items like fitted kitchens, bathrooms, carpets, blinds, heating systems, lighting, and lifts do all qualify of higher rates of Plant and Machinery. Items like Non-slip vinyl, roofs, walls, floors and other structural elements potentially qualify for lower rates of Structures and buildings allowances.
𝟯. 𝗜𝗗𝗘𝗡𝗧𝗜𝗙𝗬 𝗘𝗩𝗘𝗥𝗬 𝗜𝗡𝗧𝗘𝗚𝗥𝗔𝗟 𝗙𝗘𝗔𝗧𝗨𝗥𝗘
Heating, cooling, lighting, lifts, power systems, these all qualify. Many business owners miss these because they don't know to look.
𝟰. 𝗚𝗘𝗧 𝗦𝗣𝗘𝗖𝗜𝗔𝗟𝗜𝗦𝗧 𝗛𝗘𝗟𝗣
A specialist surveyor identifies qualifying assets you might miss, calculates the allowances using specialist software, provides documentation that stands up to HMRC scrutiny, and defends your claim if challenged.
𝟱. 𝗗𝗢𝗖𝗨𝗠𝗘𝗡𝗧 𝗘𝗩𝗘𝗥𝗬𝗧𝗛𝗜𝗡𝗚 𝗣𝗥𝗢𝗣𝗘𝗥𝗟𝗬
Keep detailed cost breakdowns by asset type, invoices showing specific items (not generic "works"), architect/surveyor reports, and proof of expenditure.
𝟲. 𝗧𝗛𝗜𝗡𝗞 𝗔𝗕𝗢𝗨𝗧 𝗬𝗢𝗨𝗥 𝗧𝗔𝗫 𝗣𝗢𝗦𝗜𝗧𝗜𝗢𝗡
Some relief is available immediately (100% in the year you spend). Other relief is spread over 33 years. Depending on your situation, one approach may be better.
𝟳. 𝗥𝗘𝗩𝗜𝗘𝗪 𝗣𝗔𝗦𝗧 𝗣𝗥𝗢𝗝𝗘𝗖𝗧𝗦
If you've refurbished property in the last 3-4 years without claiming capital allowances, you're potentially leaving thousands unclaimed.
𝟴. 𝗦𝗧𝗔𝗬 𝗜𝗡𝗙𝗢𝗥𝗠𝗘𝗗
Tax rules change. Make sure you're aware of the current rules and thresholds.
Don't leave money on the table. If you're planning a construction or refurbishment project, a capital allowances consultation could unlock significant tax savings.
Connect with us for a free consultation.
www.cavettaconsulting.co.uk