Unlock tax relief within your commercial property

If you own, purchase or refurbish commercial property, qualifying expenditure within the building could reduce your taxable profits through Capital Allowances.

Blue Dawn Commercial provides specialist Capital Allowances reviews, surveys and reports, identifying qualifying expenditure and working alongside your accountant to support the claim.

Capital Allowances can arise in more places than you might expect

Capital Allowances on commercial property are frequently overlooked or underclaimed. Specialist industry reviews have identified significant additional allowances in over 90% of cases reviewed, even where Capital Allowances advice had previously been received. In some properties, qualifying expenditure can represent more than 25% of the purchase price or refurbishment costs.

If any of the following apply to you, it may be worth investigating whether there is an unclaimed Capital Allowances opportunity.

You have acquired an existing commercial property and the embedded fixtures have not been fully reviewed.

You have invested in alterations, improvements, extensions or fit out works.

Historic qualifying expenditure may not have been identified or fully claimed.

The Capital Allowances position needs to be considered as part of the transaction.

The value isn’t just in the bricks and mortar

Commercial properties can contain significant amounts of qualifying plant and machinery within the fabric and services of the building.

From electrical and heating systems to ventilation, sanitaryware and security installations, qualifying expenditure can be found throughout a commercial property.

A specialist Capital Allowances review identifies these assets, establishes the qualifying expenditure and determines the appropriate tax treatment.

Examples can include:

  • Electrical systems
  • Heating systems
  • Air conditioning
  • Ventilation
  • Lighting
  • Sanitaryware
  • Fire and security systems
  • Lifts
  • Specialist installations

Support throughout the property lifecycle

Capital Allowances can need consideration at different stages of property ownership, from acquisition and refurbishment.

Blue Dawn provides specialist support to identify available allowances, help establish the appropriate tax treatment and ensure the Capital Allowances position is properly documented.

01 PROPERTY PURCHASES

Reviewing embedded fixtures, previous claims and transaction documentation to establish the Capital Allowances available following the acquisition of a commercial property.


02 REFURBISHMENTS & DEVELOPMENTS

Analysing expenditure on refurbishments, fit outs, alterations and developments to identify qualifying plant and machinery and other available property tax reliefs.


03 CAPITAL ALLOWANCES CLAIMS

Property surveys, asset identification, valuation and technical analysis, followed by a detailed Capital Allowances report to support your claim.


04 PROPERTY TRANSACTIONS

Pre completion Capital Allowances due diligence, including consideration of previous claims, pooling requirements and Section 198 elections for buyers and sellers.

A specialist property tax review, not an estimate

Identifying Capital Allowances within commercial property requires more than applying a percentage to the purchase price or project expenditure.

Every property is different. We consider the property itself, how and when it was acquired, expenditure incurred, previous claims and the available supporting documentation before establishing what may qualify.

Inside commercial property

We review the property, ownership history, expenditure and previous capital allowances claims

We always survey the property to identify qualifying fixtures, plant, and building systems

Qualifying expenditure is identified, valued, allocated to the appropriate Capital Allowances categories

We prepare a detailed capital allowances report, setting out the basis of the claim and supporting calculations

We work alongside your accountant to help implement the claim and provide technical support where requried

How much could be hidden in your commercial property?

The estimated Capital Allowances shown are based on the upper end of the indicative range and are provided for illustration only.

Actual qualifying expenditure will vary depending on the property and its circumstances. A final claim can only be established following a detailed Capital Allowances review and a property survey.

For second hand properties, the estimate assumes that the relevant Capital Allowances remain available to the purchaser and have not been restricted by previous claims or the terms of the property transaction.