Owners of medial practices are often unaware that their building is holding thousands of pounds of unclaimed tax relief in the form of Embedded Capital Allowances. These are allowances on items such as fire alarm systems, security shutters, lighting, toilet facilities – essentially everything that would remain in your property if you tipped it upside down.

Typically we would expect to find around 23% of the original purchase value of the property in previously unidentified Capital Allowances. £126K of allowances in a £550K property which translates as £50K in tax refund and/or reduction in future tax liability to a higher rate tax payer. So it’s an exercise well worth doing.

If you own a commercial property and are a UK tax resident, then you are eligible to make a claim. We specialise in Capital Allowances Tax Relief and our expert in-house team work exclusively in this niche area of taxation. On average it takes only 6 weeks from our initial meeting to you receiving your relief from HMRC.

Claiming Embedded Capital Allowances is a risk-free exercise well worth considering when you own commercial property. You can estimate your total claim using our claims estimation tool or book a consultation with one of our claims specialists who can prepare an estimation on your behalf.