EMBEDDED CAPITAL ALLOWANCES
What Are Capital Allowances
Many Accountancy Practices work with Capital Allowances on a daily basis.
However, identifying Embedded Capital Allowances from the original purchase price takes a specialist team with a detailed knowledge of statute and case law, as well as a high level of expertise at the surveying stage to break down the qualifying and non-qualifying elements of a building.
From our Solihull office, CapEx Tax has collaborated with some of the leading accountancy practices on a daily basis to deliver in our specialist area of Capital allowances on behalf of them.
Solicitors are under pressure to complete more and more detail at the conveyancing stage.
This includes the need to complete section 32 of the CPSE (Commercial Property Standard Enquiry). Section 32 deals with Capital Allowances and whether the current owner has claimed for any ’embedded plant and machinery within the building.
CapEx Associates provide the perfect solution to this by using our team of capital allowance experts to complete the Capital Allowance section of the CPSE on your behalf. We do this whether you are acting for the buyer or seller, regardless of your business location within the UK.