Capital allowances on property improvements office

Capital Allowances on Property Improvements

If you are outfitting commercial properties, capital allowances are a way of gaining tax relief against the value of the capital spent on improving those properties. Capital allowances apply to all properties within the commercial sector and the tax relief that can be gained comes in the form of a percentage rebate or reduction in the size of your tax bill. Capital allowances exist as a government incentive for companies to spend their capital and encourage large scale growth within […]