Capital Allowances

Capital Allowances have been around for many years, however, most UK Commercial property have been over looked for this basic tax claim. Under Plant & Machinery, there is a section headed installations and then immovables, this allows the property owner to make a claim and generate a substantial tax rebate.

As long as the UK Commercial property qualification is met:

1. UK Commercial Property
2. Owned by UK Tax payer
3. Owner making a profit / paying tax
4. Purchased for in excess of £150,000.00 (add improvements / repairs)

We carry out an assessment survey and provide a detailed report to be submitted through your accountant, in order to maximise your capital allowances.

This process also works on Furnished Holiday Lets (FHL) in the EU. as long as the followoing criteria is met:

1. FHL located in EU
2. Owner UK Tax payer
3. Available to let for 140 days a year
4. Let for 70 days in the year

Contact us for more details admin@gateway-int.com