What items can form part of a Capital Allowance Claim?
STax - part of the EMW Law Family
We allow you to maximise your property potential, and make your commercial property work for you.
But...
Do you know what 'plant & machinery' is?
Many people might think of big pieces of machinery, JCB diggers, and expensive equipment.
However, in reality, 'plant and machinery' can be anything that is fixed to your commercial building.
In a hotel this could be:
In a care home this could be:
In an office space this could be:
In a car dealership this could be:
Were you surprised by some items on this list?
If you own a commercial property (or even if you lease one), you may be able to make a Capital Allowance Claim. Speak to the STax team, and we can carry out a desktop review to assess the potential claim value.