Is It Worth My Business Claiming Capital Allowances?

At Complete Capital Allowance, we appreciate that running a business is hard work.

You barely have time to focus on your core tasks, let alone look at potential tax relief for which you may or may not be eligible. That is exactly where Complete Capital Allowance come in.

Our role is to handle your capital allowance claim from start to finish with the minimum of input from you but with the maximum benefits. We have years of experience and thousands of successful claims on our CV. So, is it worth your business claiming?

Commercial Property Owners

The average capital allowance claim for commercial property owners is £350,000 at Complete Capital Allowance, depending on the property type and the extent of qualifying expenditures. For instance, the percentage of embedded fixtures and fittings can range from 10%-30% in a retailer to 45% in a B&B.

Small to Medium-Sized Enterprises (SMEs)

SMEs typically see capital allowance claims ranging from £10,000 to £100,000. The exact amount depends on the business’s investment in qualifying plant and machinery and other eligible assets.

Sector-Specific Estimates

Healthcare Sector

Capital allowance claims in the healthcare sector, particularly for care homes and medical facilities, often range from £50,000 to £500,000 due to significant investments in medical equipment and facility improvements.

Hospitality Industry

Hotels and restaurants usually have claims between £20,000 and £300,000, driven by expenditures on kitchen equipment, furnishings, and building improvements.

Manufacturing Sector

Manufacturing businesses can have substantial claims, sometimes exceeding £100,000 to £1,000,000, due to heavy investments in machinery and technology.

Factors Influencing Claim Value

Type and Extent of Assets

The value of a claim is directly related to the type and extent of qualifying assets. High-value machinery, specialised equipment, and significant building improvements contribute to higher claims.

Size of the Business

It goes without saying larger businesses with more extensive operations typically have higher capital expenditure and, consequently, higher capital allowance claims.

Industry-Specific Needs

Industries with heavy reliance on technology and specialised equipment, such as manufacturing and healthcare, tend to have higher average claims compared to service-based sectors.

Case Studies and Examples

Case Study 1: Retail Business

A medium-sized retail chain with multiple outlets made a capital allowance claim of approximately £150,000 for shop fittings, security systems, and lighting across its stores.

Case Study 2: Agricultural Business

A farming business claimed around £75,000 in capital allowances for new tractors, storage facilities, and renewable energy installations.

Conclusion

Capital allowances can be considerable, such as a cash injection for a business to invest, cashflow, or reducing liabilities. Of all the tax reliefs available from HMRC, at Complete Capital Allowance, we believe it is the most important.