Capital
Allowances

Specialist analysis to maximise relief on property, plant
and equipment expenditure

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Capital allowances are one of the most significant ways businesses can claim tax relief on investment in buildings, fixtures, plant and machinery – and one of the most consistently underclaimed. The difference between a thorough specialist analysis and a generic computation is often substantial and the relief that is missed in one period cannot always be recovered in a later one.

The rules are detailed and the difference between a well-prepared claim and a generic one is often substantial – often altering the amount of relief on offer.

Where capital expenditure is significant, whether on a property fit-out, a development or an investment in a major piece of machinery, getting the capital allowances analysis right matters.

Our capital allowances team carries out detailed claim analysis for businesses across a wide range of sectors to help liberate money that can further support a business’s growth.

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How we deliver capital allowances analysis

Each engagement begins with a review of the underlying expenditure. We work through cost schedules, contracts and, where useful, conduct site visits to identify the qualifying components.

The output is a claim schedule that is properly evidenced, supported by the technical analysis behind each category and ready to be submitted with confidence.

Our expertise

  • Plant and machinery analysis on new build and refurbishment projects
  • Fixtures analysis on property acquisitions
  • Structures and Buildings Allowance claims
  • Annual Investment Allowance planning
  • Full expensing and first-year allowances
  • Historic claim reviews

Engaging us early your investment ensure you are able to protect the relief that would otherwise be lost or missed.

What you can expect our tax team

Three things define our capital allowances work:

Detailed at its core

Our analysis of your expenditure is significant to ensure you make the most of all of the reliefs available to you. The categorisation between qualifying plant, integral features, structures and non-qualifying expenditure is supported by evidence specific to each component.

An ongoing relationship

Our capital allowance work very rarely focuses on a single year. We review your position and investments to reveal historic claims and then continue to work with you to make sure you make the most of the opportunities available to you.

Co-ordinated advice

Our capital allowances work runs alongside our other services to help you expose other reliefs and ensure that you account for each investment.

Clients work with us on capital allowances because they want a specialist who will guide them through the analysis properly – identifying what qualifies, what has been missed and what can still be claimed – rather than a compliance team that applies the standard rates and moves on.

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Here is what our clients have to say… testimonial icon


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We have used Macalvins for all our accounting needs including audits and payrol since the beginning of time – nothing… Read More

Tracey Jannaway

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I appointed Macalvins when I first started my business in 2013 and have found their expertise to be invaluable. Initially,… Read More

Angela Taylor

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Why choose Macalvins?

With our team, you get precision, continuity and the kind of considered advice that comes from people who know your numbers as well as you do.

As a Top 100 UK accountancy firm with international reach through PrimeGlobal, Macalvins brings that depth of expertise to every client, at every stage of growth.

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Frequently Asked Questions faq

We have already claimed allowances. Is it worth reviewing our position again?

Often, yes. Historic claims prepared without specialist capital allowances analysis frequently understate the qualifying expenditure. A review can identify additional relief that is still claimable for current and future periods.

How does the Structures and Buildings Allowance fit in?

Structures and Buildings Allowance gives a flat-rate relief over a long period on the cost of non-residential structures. It applies to expenditure that does not qualify as plant and machinery, so the two reliefs sit alongside each other. The categorisation between them matters because the rate and the period of relief differ. Our analysis treats both reliefs together so the position is optimised across them.

Mr. Jackson
@mrjackson
Mr. Jackson
@mrjackson