Capital allowances can result in benefits gained either from fixed plant and equipment included in the purchase of a freehold property or similar items added in subsequent years, resulting in an initial tax refund in addition to subsequent reduction in one's ongoing tax liability.
What happens when I sell?
What documents do you require?
Why hasn’t my accountant done it?
When will you get your fee?
Who can benefit from this sort of claim?
Is this a criticism of my accountant?
How much will I get?
Why does it matter?
Is this just another loophole?
Why does a surveyor need to visit my property?
Is my refund taxable?
Will it cause me a lot of work?
So, you seem to be saying that providing I choose the right professional to carry out the work, don’t part with any up front fees, and don’t pay for any work until I have my tax reduction, I can’t go wrong!