Helping businesses identify relief, improve cash flow and support investment decisions
Capital allowances can provide significant tax relief on qualifying capital expenditure. However, many businesses do not claim the full relief available to them, often because qualifying costs are not immediately obvious or are overlooked during transactions, property projects or periods of investment.
Our capital allowances specialists help taxpaying businesses identify, quantify and support claims in a clear and structured way. We work alongside your wider tax advisers to ensure capital allowances are considered as part of broader business and corporate tax planning, not in isolation.
Why capital allowances matter
Capital allowances allow businesses to claim tax relief on qualifying capital assets by deducting expenditure from taxable profits, either immediately or over time, depending on the nature of the asset.
When claimed correctly, capital allowances can:
- Improve short and long-term cash flow
- Reduce corporation tax liabilities
- Increase post-tax returns on capital investment
- Influence decisions around property acquisition, development and refurbishment
- Unlock relief on historic expenditure that may not previously have been claimed
They are particularly relevant for asset-intensive and property-owning businesses, as well as organisations undertaking significant capital investment or change.
When to consider capital allowances
Businesses often benefit from capital allowances support in situations such as:
- Purchasing, constructing or refurbishing commercial property
- Investing in plant, machinery or specialist equipment
- Expanding or restructuring operations
- Acquiring or disposing of a business or property
- Reviewing historic capital expenditure and fixed asset registers
In many cases, claims can be made retrospectively, meaning opportunities may exist even where expenditure was incurred some time ago.
Types of capital allowances and reliefs
Capital allowances cover a range of reliefs, and correct classification of expenditure is key to maximising entitlement while remaining compliant.
Depending on the nature of the assets and expenditure, reliefs may include:
- Annual Investment Allowance for qualifying plant and machinery
- Full expensing and first-year allowances where applicable
- Main pool and special rate pool writing-down allowances
- Structures and Buildings Allowance for qualifying construction costs
- Relief for qualifying land remediation expenditure
- Revenue relief for repairs and maintenance where appropriate
We help ensure expenditure is correctly identified, allocated and supported in line with current legislation and HMRC guidance.
How we support you
Our capital allowances service is practical, thorough and proportionate to the scale of your business and investment.
Identifying qualifying expenditure
Many qualifying assets are embedded within buildings or projects and are not always obvious from accounting records alone. We work with specialist surveyors where appropriate to identify qualifying items accurately.
This includes:
- Reviewing construction and refurbishment costs
- Analysing asset registers and fixed asset schedules
- Identifying fixtures and integral features
Quantifying and supporting claims
Once qualifying expenditure has been identified, we quantify the relief available and prepare the supporting analysis.
We ensure:
- Calculations are robust and clearly documented
- Claims are prepared in line with HMRC requirements
- Supporting reports are proportionate and defensible
Integrating with wider tax planning
Capital allowances should not be considered in isolation. We work closely with your business and corporate tax advisers to ensure claims align with wider tax planning, compliance and reporting.
This includes:
- Timing of claims and cash flow impact
- Interaction with transactions and restructurings
- Coordination with other reliefs where relevant
Our approach
We take a clear and methodical approach to capital allowances, focused on:
- Accuracy and compliance
- Clear communication and explanation
- Proportionate analysis based on risk and value
- Practical outcomes that support decision-making
Our aim is to give you confidence that relief has been identified correctly and claimed appropriately.
Sector experience
We support capital allowances claims for:
- Property owners and investors
- Manufacturing and distribution businesses
- Professional and business services
- Asset-intensive and owner-managed businesses
Our sector experience helps us identify opportunities and manage complexity effectively.
Why work with Moore UK?
Clients choose us for our:
- Specialist capital allowances expertise
- Integrated approach across business and corporate tax
- Access to surveyors and technical specialists where needed
- Clear, pragmatic advice grounded in experience
We focus on delivering value while maintaining compliance and transparency.
Speak to our capital allowances specialists
If you are planning investment, reviewing past expenditure or want to understand whether capital allowances could benefit your business, our team would be pleased to talk.