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T:01225 427100

Landmark Property Tax Advisors
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Capital Allowances Solutions

Sale of a building

• Purchase of a building
• Construction of a new building
• Refurbishment of an existing building
• Fit out of a building
• Sale of a building
WHO CAN BENEFIT

UK taxpayers including:
Property Investors
Owner occupiers
Occupational tenants

SOLUTIONS

Pre-contract advice
Elections
Capital allowances evaluation
Inland Revenue and Valuation Office negotiations

SPECIFIC SPECIALIST AREAS

Pre-contract queries
Contract clauses
Elections
Tax history of buildings
Comparative allowances valuations

CASE STUDY

A pension fund that does not pay tax and therefore does not have direct use for capital allowances is selling a portfolio of industrial units for £10 million. It is useful for the fund to know the potential value of any capital allowances to a potential purchaser as this can be used in the overall bargaining position for agreeing a sale price.

The purchaser will also benefit as they will be able to assess the allowances position more easily in conjunction with their tax position.