Select Your Commercial Capital Allowances Region
Capital allowances are often buried in a property’s mechanical, electrical and structural fabric, and will not show up in your financial records. Amplifi’s in-house chartered quantity surveyors carry out an on-site survey to identify and value everything that qualifies, in the UK or Ireland.
UK
Commercial Capital Allowances
Two allowances apply to qualifying UK commercial property expenditure: Embedded Capital Allowances, covering mechanical and electrical systems such as lighting, heating, ventilation and security, with relief of up to 45% of a property’s value, and the Structures and Buildings Allowance, covering construction and fit-out costs at 3% per year.
Ireland
Commercial Capital Allowances
Two allowances apply to qualifying Irish commercial property expenditure: Wear and Tear Allowances, covering mechanical, electrical and telecoms installations at 12.5% per year over eight years, and the Industrial Buildings Allowance, covering construction and fit-out costs at 4% per year over 25 years.