New Building Works
New Building Works
If you’re building a new property, renovating or redeveloping an existing property, or fitting out a space for occupation, the tax environment can get complicated quickly.
We’ll help you navigate the complexities of tax relief and give you practical support in getting the right information from the right people at the right time, so that we can maximise the Capital Allowances available to you.
What help do we give you for New Building Works?
We’ve overseen 100s of new building projects and helped our clients save tens of millions of pounds in the process. We’ll support you through the following:
Contractual clauses to compel contractors and sub-contractors to assist.
Contractual clauses for Capital Contributions - in either the Landlord’s or Tenant’s favour.
Assistance in determining if any accelerated tax reliefs apply.
Data collection, including photographic records.
Plant identification and construction cost analysis.
Detailed Capital Allowances report, fully reconciled to accounts and tax computations, ready for submission to HMRC.
Preparation of the required ‘allowances statement’.
Liaison with your accountant to submit the relevant paperwork.
What does New Building Works support cost?
Generally, fees for New Building Works are fixed and agreed prior to commencement of works. Get in contact to see how we can support you with your new building works.