As vaccines continue to roll out across the country, the prospect of returning to our office spaces is soon to become a reality.
Hybrid models, co-working arrangements, reconfigurations and office fit-outs to meet new demands are hot button topics facing those who own and operate commercial office space. Not to mention the calls for improved ventilation systems and infrastructure across the country.
Whether you currently own, are looking to buy, sell or invest in commercial office space, HMA Tax can provide you with expert capital allowance knowledge to maximise your tax position and investment options.
As the chancellor’s recent budget includes massive tax dedications available for business investment, there are many options available for businesses to invest in commercial assets, upgrading facilities and embedded items within their properties.
Additionally, if you have yet to claim embedded capital allowances on your commercial property, then significant tax relief is available to you. We are specialists at identifying and valuing embedded capital allowances and can work with your accountants in claiming thousands of pounds of tax relief, in time for the April tax deadline.
On average, we identify 25% of the value of a commercial office in previously unclaimed capital allowances. Since March 1st, we are proud to have identified over £10m in allowances for our clients who own commercial offices.
To calculate what you could receive, you can estimate your claim here.
This is little-known legislation that requires an expert team of tax specialists and surveyors, it is not something your accountant will have already claimed for you.
To find out more contact HMA Tax today for a no commitment consultation to determine how much you can claim.