Top 10 Capital Allowance Questions Answered

We are not just another service provider, we are the capital allowances experts.

Our dedicated team specialises in navigating the complexities of commercial property capital allowance claims, helping our clients maximise the tax reliefs they are entitled to. We’ve compiled a top 10 of the questions we are often asked.

1. Surely my Accountant deals with Capital Allowances?

Typically, your accountant will include day-to-day purchases and any plant and machinery in your capital allowance claims. However, your accountant is unlikely to claim capital allowances for your commercial property. This is because a survey is required, which requires specialist knowledge and skills—which we have at Complete Capital Allowance. 

2. I bought a building; I didn’t buy fixtures and fittings, so how can I claim?

The fixtures and fittings are ’embedded’ in the overall purchase of the commercial property. At Complete Capital Allowance, we split these out from the building, apply inflation, maintenance, and depreciation, and, using our industry-leading software, calculate your potential tax relief.

3. What fixtures and fittings can I claim for?

The basic rule of thumb is that you can claim it if it isn’t part of the building’s physical structure. This includes electrical systems, heating and water systems, fitted kitchens and bathrooms, lifts and escalators, bars, and pumping equipment. Go to Complete Capital Allowance for a more comprehensive list.

4. I’ve had my property for years; am I too late to claim? 

Not at all. You can claim retrospectively for commercial buildings you own, and you may even be able to claim for property you have subsequently sold.

5. I don’t have the time; I’m busy running a business?

At Complete Capital Allowance, we understand that you’re busy running a business. That’s why we do all the heavy lifting. Our proven process minimises your workload while maximising your tax relief returns.

 6. Is it going to be worth my while?

Rest assured, the embedded fixtures and fittings can be worth between 10% – 45% of the overall building cost. This means a massive amount can be offset against future tax bills, potentially saving you a significant amount. Your Complete Capital Allowance account manager will be able to give you an indication early on in the process.

7. What if HMRC rejects the claim?

At Complete Capital Allowance, we go through a validation phase before we undertake a survey for our clients. At this stage, we identify the likelihood of a successful claim. Only rarely do we take a claim to HMRC and it is rejected, and if it is, there are no repercussions and no costs to our clients.

8. What are the charges?

At Complete Capital Allowance, we offer a Payment Assurance Policy, under which our clients are only liable for payment once HMRC has accepted their claim. Our fee for managing the process end-to-end is a small percentage of the overall claim. We are happy to discuss this on the phone, but don’t publish our fees online.

9. How long does it take to make a claim?

On average, the whole process takes 2 weeks, so it takes no time at all! Due to our systems, processes, and expertise, Complete Capital Allowance has devised a seamless experience for our clients.

10. Why use Complete Capital Allowance?

Choosing Complete Capital Allowance means choosing expertise, efficiency, and tangible results. Our dedicated team works closely with clients, accountants, and HMRC to streamline the process, ensuring businesses maximise their tax relief while minimising resource allocation.