Our research has shown that by considering Capital Allowances early in the design process a claim can increase by up to 20%.

There is no statutory definition of plant fixtures in buildings that qualify for allowances. It is generally accepted that in order to qualify as plant, an item will have to pass two tests, the business use test and the premises test.

A significant amount of the project expenditure will, therefore, relate to items that may or may not qualify depending on the building design and how it is being used.

During the design and construction phases, Davis Langdon Crosher & James will compile supporting documentation to substantiate later claims and work with our design team to ensure the project is tax friendly.

An early involvement of a Capital Allowances specialist is also essential to take advantage of and minimise the claim, ensuring essential backup information is obtained and available for audit if necessary.