Capital allowances

Capital allowances provide annual tax deductions as a percentage of the amount spent on certain qualifying assets within a property.

The regime is a complex one but can deliver significant tax benefits, particularly when tax planning is factored in at the design and procurement stage, rather than claiming reliefs retrospectively.

Whether a project involves a new build, alterations, a conversion, refurbishment or the acquisition of or disposal of property, Milsted Langdon can provide early advice on the potential capital allowance implications. We can also assist with retrospective claims.

To find out more about our accountancy, tax and business advice services for architects and surveyors, please contact us.