Garage Owner, Bodyshop or Repair Centre? Have you claimed your Capital Allowances?
At Complete Capital Allowance, we estimate that 90% of businesses in the UK haven’t applied for tax relief in the form of capital allowances.
If you own a commercial property, now is the time to maximise your tax relief.
A car Garage, Mechanic, or Bodyshop can claim capital allowances on a wide range of assets essential for business operations. At Complete Capital Allowance, we have identified a range of assets you may receive tax relief on:
Plant and Machinery
- Diagnostic Equipment: including hardware and software used to diagnose vehicle faults.
- Lifts and Hoists: whether or not they came with the building when you purchased it.
- Air Compressors: machines used to power air tools and inflate tyres.
- Wheel Alignment Machines: to ensure even wear and handling.
- Engine Stands: heavy-duty engineering to support engines.
- Tyre Changers and Balancers: portable or fixed equipment.
Office Equipment and Furniture
- Computers and Software: office computers, accounting software, and specialised software for vehicle diagnostics.
- Office Furniture: desks, chairs, filing cabinets, and other office furniture. Plus, all furniture in your customer area.
- Telecommunication Equipment: phones, intercoms and other communication tools.
Vehicles
- Service Vans: vans used for mobile repair services or transporting parts and tools.
- Courtesy Cars: vehicles provided to customers while their cars are being serviced or repaired.
Fixtures and Fittings
- Security Systems: alarms, CCTV, and other security equipment are installed on the premises.
- Lighting: internal and external lighting fixtures.
- Heating and Cooling Systems: boilers, radiators, heating systems and air conditioning units.
Building Improvements
- Workshops and Garages: structural improvements to workshops and garages, such as new doors, windows, and roofing. Reinforced flooring, work pits and insulation.
- Electrical Installations: New wiring and electrical outlets specific to the garage’s operational needs, such as powering equipment.
Environmental Equipment
- Oil and Water Separators: equipment to manage waste oil and water, complying with environmental regulations.
- Recycling Units: machines used for recycling old parts and materials.
Claiming capital allowances can significantly reduce the taxable profits of a car Garage, Mechanic, or Bodyshop, providing valuable tax relief and improving cash flow.
At Complete Capital Allowance, let us help you apply for the tax relief you are entitled to. We undertake all the heavy lifting so you can concentrate on running your business.
We're here to help you
We have a comprehensive list of frequently asked questions which will answer any questions you may have about capital allowance. If you would like to speak to one of our team please contact us using the WhatsApp button at the bottom of the screen.