Capital Allowances

Did you know that most businesses in the UK are not claiming their capital allowance entitlement?

Landlords, investors,
tenants and occupiers
Landlords, investors, tenants and occupiers
Partners

Property Capital Allowances

As capital allowance experts, we’ve been helping clients make claims for over 30 years.

Stuart Rivers our founder, was an early adopter for capital allowances and helped develop the market for property capital allowance claims in the UK so our claim to be experts in the field is rightly justified.

Allowances are available to anyone incurring capital expenditure when buying or building commercial property or furnished holiday lets.

The allowances cover:

  • Plant and Machinery
  • Structures and Buildings
  • Land Remediation
  • Research and Development Facilities

You can claim these allowances and deduct a proportion of the costs from your taxable profits to reduce your tax bill.

However, correctly claiming can be complicated which is where our expertise is invaluable.

Read our FAQs

How can you benefit?

Tax / cash benefit

A claim can deliver an immediate tax or cash benefit through a possible cash refund or repayment of taxes.

Reduce liability

You can reduce a tax liability.

Allowances

Plan ahead by strengthening your balance sheet with capital allowances.

Cash flow

You can improve cash flow and keep cash in the business.

Simplifying your claim

Stuart Rivers Associates provide an end-to-end, bespoke service to ensure you correctly claim and receive the allowances your property entitles you to. To find out more, visit our Services page.

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Client testimonials

Take a look at what our clients have to say about us.

Ready to speak to the experts?

Each claim is different so use our contact form to make an enquiry or call us to discuss your circumstances.

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Frequently asked questions

What are capital allowances?

Capital allowances are a form of tax relief for virtually every business in the UK. They provide a type of tax relief that allows businesses and individuals to deduct the cost of certain assets from their taxable income.

Who can claim capital allowances?

Stuart Rivers Associates can help you if you are a UK tax paying individual, company or business that owns commercial property.

How are the tax savings received by the property owners?

We produce a detailed report for submission to HMRC. After our report has been approved by HMRC, the tax savings can be written down over many years or (if available) the amount can be received in full in the first year as a result of using a 100% first year allowance such as the annual investment allowance.

Can landlords claim on expenditure incurred by their tenants?

Only if they have contributed towards the expenditure themselves. We often find that most landlords prefer to grant rent-free periods to their tenants instead, but as a result they miss out on the tax savings that could be made on the contributions.

Can I claim capital allowances for a property purchased several years ago?

Yes, you can. It doesn’t matter when the property was bought. As long you still own the property a claim can be made.

Chris Lonergan

Director

Chris is our commercial lead and is responsible for our relationships with clients, partner firms and other intermediaries. His background spans sales, business development and consulting in several sectors including engineering, construction, professional and financial services.

Chris has been involved with Capital Allowances for over 10 years and has helped hundreds of clients to gain tax relief. During this time he also helped to build a new mid-market accountancy firm out of a larger organisation and spent time with a large specialist tax reliefs business so has good market knowledge and understands how different types of businesses in it operate.

Chris shares Stuart’s philosophy and as part of a specialist business also very much believes in collaboration and joint working with partners to provide the best level of client service and maximised tax benefit.

Philip Rivers

Commercial Manager

Philip joined Stuart Rivers Associates after finishing university and worked hard behind the scenes, learning the ropes of the business.

He now works as a commercial manager involving close liaison with our surveyor team in researching client entitlement as well as helping to develop the business.

Andrew Davies

Director

After working for a major PLC for many years and then working for a local accounting practice, Andrew join Stuart Rivers Associates in 2003.

Andrew has experience in all areas of the business and is currently responsible for the operations team together with the financial management and day to day commercial decisions.

Andrew supports the philosophy of the business and ensures the high quality service that has been built up over the years is not only maintained but developed further to mee the ever changing needs of our clients and joint working partners.

Stuart Rivers

Senior Partner

Stuart is a chartered Quantity Surveyor who formed Stuart Rivers Associates in 1993 after having worked for major national surveying practices where he first encountered Capital Allowances. 

Stuart quickly developed the practice into one of the country’s leading specialist Capital Allowance consultancies providing advice to not only major accountancy practices but also to investors, developers and building owners no matter the size of the business or whether they owned a single building or a large portfolio of property.

 Stuart’s philosophy, which runs through the core of the company, is to provide a service to clients that is accurate, comprehensive, and effortless but above all generates plenty of tax relief.

Consultancy

Whether you are buying or selling we can provide appropriate clauses for the sale and purchase agreement to safeguard potential capital allowances and also advise a potential value of Capital Allowances for negotiation purposes. 

Construction expenditure

We can analyse both current and historic construction expenditure from the available information to ensure you gain the appropriate Capital Allowances from your expenditure. 

For example: 

The refurbishment of an existing building for £1 million could generate between £300,000 and £700,000 of tax relief. 

Property purchases

When acquiring a property either from a developer or a previous owner, we can identify and assess the Capital Allowances you may be entitled to. 

For example: 

A commercial property bought for £1 million could generate between £100,000 and £400,000 of tax relief depending on the type of property. 

It is still possible to claim Capital Allowances on property bought many years ago!

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