RIFT Capital Allowances Ltd

RIFT Capital Allowances helps commercial property owners identify legitimate capital allowances within their property that can be offset against taxable profits and reduce their tax liability. When you buy, lease or improve a commercial property, HMRC allows you to offset some of that expenditure for tax purposes. Your advisors have probably claimed for the more obvious features, but as capital allowance specialists we dig much deeper to make significant additional claims on your behalf. Typically, we identify Capital Allowances of between 10% and 35% of the commercial property purchase price. Capital Allowances are enshrined in legislation - the Capital Allowances Act 2001. We use specialist surveyors with tax expertise, to visit your property to uncover this extra layer of allowable items. This service is relevant for two types of clients: Commercial property owners and investors who can retrospectively claim for unused allowances, (going back many years in some cases), for alterations, extensions and upgrades to their buildings. Buyers and sellers of commercial property who need to agree a value for plant and machinery as part of the purchase process. RIFT can help you take full advantage of these tax breaks with a complete Capital Allowances service. For a free, no-obligation assessment of your potential claim, speak to one of our experts now on 01233 653007.