Category: Updates

Capital expenditure, or capex, is hugely important to business growth and long-term success. Whether acquiring new machinery, upgrading infrastructure, or investing in technology, capex represents a company’s commitment to its future. But how does it differ from other types of spending, and why is it so important? 

In this article, we will answer the question ‘what is capex?’, exploring its different types and how to track and calculate it!

What is capital expenditure (capex)?

Capital expenditure, or capex, is the money a company spends to purchase, maintain or improve fixed assets for their business. These assets can include buildings, machinery and technology. Unlike day-to-day operational expenses, capital expenditures are long-term investments designed to improve a company’s efficiency or capabilities over several years. 

For example, a manufacturing company might invest in a new production line to increase output, while a tech firm could build a data centre to support its growing digital infrastructure. These expenditures are important to drive growth and make sure the business is competitive in its industry.

What are the different types of capital expenditure?

There are two main types of capital expenditure, and understanding the differences between these two types of capex will help businesses allocate resources effectively between sustaining current operations and pursuing growth opportunities.

• • Expansionary capex: Expansionary capital expenditures are investments made by a business to grow operations, such as a retail chain opening new stores in untapped locations or a manufacturing company buying extra machinery to improve its output.
  • Maintenance capex: Maintenance capital expenditure is spending with the aim of replacing, repairing or maintaining existing assets to make sure operations run smoothly. Examples of maintenance capex include renovating an office building to meet safety standards or replacing old or broken equipment in a factory to prevent downtime.

Why is capital expenditure important?

Capital expenditure is hugely important for businesses that want to expand, innovate and stay ahead of their competitors. By investing in long-term assets, businesses can expand operations, improve efficiency, and adapt to changing market conditions. Let’s explore the benefits of capital expenditure in more detail.

Growth and innovation

Capex allows companies to scale their capabilities, either by increasing production capacity, enhancing technology, or entering new markets. These investments are often the foundations for success in the future, enabling businesses to develop new products, improve operational efficiency, and deliver better customer experiences.

Finance

On a company’s balance sheet, capital expenditures are treated as assets rather than immediate expenses, to reflect their long-term value. Although these expenditures have significant upfront costs, their cost is spread out over several years through depreciation or amortisation. This spreading of cost makes capital expenditures an important part of a company’s financial strategy.

Sustainability

Capex also plays an essential role in sustainability, by ensuring that businesses maintain operational efficiency and are able to meet future demands. Regular investment in maintaining or upgrading assets prevents disruptions, reduces long-term costs, and helps to ensure that the organisation remains resilient. 

How is capital expenditure funded?

Capital expenditure can require significant upfront costs, and businesses use various methods to secure the necessary funding. Let’s take a look at some of the funding methods that organisations use to purchase capex assets:

• • Retained earnings: Profits from previous years can be reinvested into the business to fund Capex without taking on debt.
  • Loans or bonds: Companies may borrow money from banks or loan companies or issue bonds to investors to raise the capital needed for large expenditures.
  • Equity financing: Businesses can raise funds by selling shares to investors, providing access to significant capital in exchange for partial ownership.

Investing in capital expenditure often comes with capital allowance tax benefits. Assets purchased through capex are typically depreciated over their useful life, allowing businesses to deduct a portion of their cost annually. This depreciation reduces taxable income, providing financial relief over time.

How is capex calculated and tracked?

Tracking and calculating capital expenditure is essential for effective financial management. By understanding how much is being spent and where businesses can ensure their investments are aligned with strategic goals.

How to calculate capital expenditure

Capex is calculated using the formula:

Capex = change in fixed assets + depreciation expense 

This formula captures both the increase in a company’s fixed assets and the cost of wear and tear accounted for through depreciation.

How to budget for capital expenditure

Planning capital expenditure involves creating long-term budgets that account for both immediate needs and growth strategies. Businesses tend to prioritise projects based on their expected ROI, ensuring that resources are allocated to areas that will achieve the best results.

How to track capital expenditure

Tracking capex effectively helps make sure finances are staying on track. Businesses tend to use tools such as enterprise resource planning (ERP) systems, financial management software, and capex-specific tracking platforms. These tools provide real-time visibility into spending, help maintain budgets, and allow for better forecasting. 

By combining accurate calculations, strategic planning, and modern tracking tools, businesses can manage their capital expenditure more effectively, ensuring that every investment contributes to growth, efficiency, and stability.

What’s the difference between capex and opex?

Understanding the difference between capital expenditure (capex) and operating expenditure (opex) is essential for effective financial planning. While both are crucial for running a business, they serve distinct purposes and are accounted for differently. Let’s explore the definitions of each so you can understand the differences between the two.

As we’ve discussed, capex is a long-term investment in fixed assets such as buildings, machinery and technology, intended to generate value over an extended period. Opex, meaning operational expenses, are the day-to-day expenses that are required to keep the business running. These expenses include bills, office supplies and salaries.

While capital expenditures are recorded as assets and depreciate over time, operational expenditures are fully expensed in the year they occurred, and they are deducted entirely from taxable income in the year incurred.

Whether companies prioritise capex or opex depends on their goals for the year. For example, organisations often prioritise capex when their aim is to expand their business or improve their operational efficiency. For instance, a business might invest in new technology to streamline production or open a new location to increase market reach.

On the other hand, opex will take precedence when companies focus on maintaining daily operations or controlling short-term costs. For example, businesses may lease equipment instead of purchasing it outright to reduce immediate outgoings or avoid long-term commitments.

How Eureka Capital Allowances can help

Capital expenditure is essential to help companies grow. By investing in assets that generate value over the long term, businesses position themselves to stay competitive and meet evolving market demands. However, making the right Capex decisions requires careful strategic planning and thorough financial analysis to ensure these investments align with broader business objectives. 

At Eureka, we have a team of Capital Allowances Consultants with over 20 years’ of experience, helping business property owners unlock thousands of pounds of hidden tax relief in their property. Contact us todayto discover how we can help you.

Capital allowances are a widely under-claimed form of tax relief for businesses, allowing owners to offset the cost of certain assets against their taxable profits. Whether you’re buying a property, machinery or equipment, capital allowances can reduce the tax bill, which is always a welcome reduction!

In this article, we’ll explore what capital allowances are, break down the different types of capital allowances available and guide you through the process of making a claim so that you don’t make any common mistakes!

What are capital allowances? 

Capital allowances are a type of tax relief that business owners can claim on certain types of qualifying capital expenditure, such as plant and machinery assets, integral features, equipment used for research and development, business vehicles and buildings and structures. These qualifying assets not only include items that they acquire for use in their businesses, but also, embedded fixtures that were already in the building when it was purchased!

Most businesses can take advantage of capital allowances, particularly small and medium-sized enterprises that invest in assets to support their operations. We work with a number of different businesses here at Eureka Capital Allowances, including Pub and Restaurant owners, FHL owners and Care Homes and Nurseries,helping our customers to save thousands of pounds in tax relief!

Capital allowances allow businesses to offset the cost of qualifying assets against their taxable profits, playing an important role in reducing the overall tax bill. This tax relief can provide significant financial benefits, enabling companies to retain more cash for reinvestment and growth. It’s important to note, however, that capital allowances can only be claimed for business assets that depreciate over time. This includes tangible fixed assets that are expected to lose value as they are used in the business. 

Different types of capital allowances

There are four main types of capital allowances in the UK. Let’s explore the four different types so you can achieve a greater understanding of how they work and what they cover.

Annual Investment Allowance (AIA)

The Annual Investment Allowance (AIA) is a type of tax relief available to sole traders, partnerships and companies in the UK that allows them to deduct the full value of qualifying capital expenditures from their taxable profits, as long as they claim them in the year the expenditure occurs. This relief can be claimed by businesses when they are filing their annual tax returns.

A number of different assets can qualify for the AIA, including machinery, equipment and vehicles used for commercial purposes. It does not, however, cover buildings, structures or land.

As of April 2023, the limit for claiming Annual Investment Allowance is set at £1 million. For any qualifying assets that cost up to this limit, businesses can claim 100% of the cost. However, for assets costing over £1 million, you will still be able to claim AIA on the first £1 million of that expenditure.

First-Year Allowance (FYA)

First-Year Allowances are a type of capital allowance available to businesses that allow them to claim a tax deduction on specific types of assets, such as those that are beneficial for the environment or that enhance energy efficiency – such as low-emission vehicles, energy-saving appliances and expenditure on R&D assets. 

Similarly to the Annual Investment Allowance, FYAs need to be claimed in the year the asset is purchased. Unlike the AIA though, FYAs usually allow businesses to claim 100% of the cost of the asset, regardless of its cost! FYAs can be claimed alongside the AIA, but if both allowances apply, businesses must decide how to allocate their claims.

Writing Down Allowance (WDA)

A Writing Down Allowance allows businesses to deduct the depreciation of qualifying assets over time, rather than claiming the full cost in the year the asset was purchased. This type of capital allowance enables businesses to account for the decline in value of their assets, reflecting their usage and wear and tear over time. 

A number of different commercial assets qualify for the WDA, including machinery and equipment vehicles, fixtures and fittings, and any ‘long-life’ assets that have a life expectancy of over 25 years.

There are two different classification of assets that fall into the WDA bracket:

• Main Pool: Assets that fall into the main pool classification include machinery, tools, fixtures and fittings, IT Equipment and office furniture. Main pool assets qualify for a WDA rate of 18% per year.
• Special Pool: Special pool assets include long-life assets, integral features, certain energy-efficient equipment and certain commercial vehicles. Special pool assets qualify for an annual WDA rate of 6%.

The WDA rate is calculated on the remaining balance of the assets costs each year, after the previous allowances have been claimed. This means, for example, that a main pool asset purchased for £10,000 would have a WDA of £1,800 in the first year, but this would drop to £1,476 in the second year.

Structures and Buildings Allowance (SBA)

The final type of capital allowance is the Structures and Buildings Allowance. The SBA allows businesses to claim tax relief on any costs related to construction and renovation, including any construction costs, costs relating to converting existing buildings to new uses and even certain related expenses like architect or surveyor fees.

The SBA allows businesses to claim a 3% Writing Down Allowance on the qualifying expenditure each year. This means that businesses can deduct 3% of the remaining balance of the asset’s cost annually. In order to qualify for the SBA, the building or structure must be used for qualifying commercial activities, such as trade or rental purposes.

The allowance is available for both new constructions and significant renovations, and doesn’t have an upper claim limit, meaning it is incredibly beneficial for businesses investing heavily in new buildings or renovations.

How do I claim capital allowances?

Now you know what capital allowances are and the different types, you’re probably wondering how to go about claiming capital allowances! This section provides a step-by-step guide on how to claim capital allowances for your business.

Identify qualifying assets

Start the process by identifying the assets your business has purchased that qualify for capital allowances. Separate them into different categories, depending on whether you will claim ADA, FYA, WDA or SBA. Common qualifying assets include machinery, equipment, vehicles, and structures. If you’re claiming WDA, you’ll also need to differentiate whether your asset is main pool or special pool.

Calculate the allowances

Once you have identified the qualifying assets, calculate the allowances available. Depending on the type of asset and the applicable rate, determine the amount you can claim. This may involve calculating the AIA for the full cost of certain assets, or applying the relevant WDA rates for other qualifying expenditures.

Claim in your tax return

Claim capital allowances on your:

• Company Tax Return if you’re a limited company – you must include a separate capital allowances calculation on your CT600 form.
• Partnership tax return if you’re a partnership
• Self Assessment tax return if you’re a sole trader
• • • •  

Make sure that you report the calculated allowances accurately so that you’re fully compliant with tax regulations.

Keep detailed records

Keep detailed records of all purchases related to the claimed assets, including invoices, receipts, and any documentation supporting your claims. 

By following this step-by-step guide to claim your capital allowances, you can reduce your taxable profits. Keeping accurate records and understanding the various types of allowances will ensure you maximise your claims and remain compliant with tax regulations.

Common mistakes people make when claiming capital allowances

For people who don’t do it every day, claiming capital allowances can be quite tricky. Let’s explore some of the most common mistakes we see people make when trying to claim their capital allowances, to hopefully help you to avoid them:

• Failing to claim within the correct time frame: Capital allowances – especially AYAs and FYAs – must be claimed within specific deadlines, and missing these windows can lead to lost opportunities for tax relief. For example, the FHL Tax Regime is being abolished in April 2025. You can still carry your allowances forward beyond this date and benefit from your tax savings, but only if you claim them before this deadline.
• Having incomplete records: Incomplete records can easily lead to failed claims. Without detailed records, HM Revenue and Customs (HMRC) may reject claims or request further information, so it is essential that you keep any relevant invoices, receipts and other documentation.
• Misidentifying qualifying assets: Many businesses incorrectly categorise their assets, assuming certain items qualify for capital allowances when they don’t. It’s important to have a clear understanding of the requirements for each type of allowance to ensure your claims are made accurately. More information can be found here.
• Not using capital allowance specialists for complex claims: If you’re unsure about the claims process or have complex claims, it may be beneficial to speak to a capital allowances professional or an accountant. They can provide guidance tailored to your individual circumstances and help to ensure that all eligible claims are made correctly.
  • • •  

How Eureka Capital Allowances can help

At Eureka Capital allowances, we have decades of experience in capital allowances and helping our clients unlock thousands of pounds of hidden tax relief in their businesses. Our advisors are trained in helping our customers understand what capital allowances they are eligible for and effectively navigate the claims process. 

Contact us today for a free capital allowances review.

If you have built, bought or leased a structure, and the contracts were signed after 29th October 2018, you might be eligible to claim tax relief. Claiming capital allowances for structures and buildings can improve your financial health by reducing your taxable profits.

In this article, we will explore what capital allowances are, guide you through the structures and building allowance (SBA) claiming process, and delve into what you can and can’t claim for through the SBA.

What are capital allowances?

Capital allowances are an expenditure that individuals and businesses may be able to claim against taxable profit. You can claim capital allowances on items and assets purchased for use within your business that are essential to run it successfully.

In terms of capital allowances for structures and buildings, if your business built, bought or leased a structure after 29th October 2018, you may be able to claim Structures and Buildings Allowance (SBA). This allowance allows businesses to deduct a percentage of the expenses spent to construct or renovate non-residential structures and buildings from their taxable profits. 

What is Structures and Buildings Allowance?

Structures and Buildings Allowance (SBA) is a form of tax relief introduced by the UK government in October 2018 that allows businesses to claim a deduction for the money spent during the construction, renovation, or conversion of non-residential structures and buildings. Between October 2018 and March 2020, the applicable rate was 2%. However, from April 2020 onwards, this rate has risen to 3%. 

What is the criteria to claim Structures and Buildings Allowance?

There are a number of different criteria that your building or structure needs to meet in order to be able to claim capital allowances. These include:

• • • You must have paid at least some of the costs towards the purchase, construction or renovation of the structure
  • • All contracts must have been signed on or after 29th October 2018
  • • The building cannot have been used as a residence the first time it was used or during the period that you’re claiming for
  • • It must be used for a qualifying activity
  • It has to have an allowance statement

What counts as a qualifying activity for Structures and Buildings Allowance?

To be able to claim capital allowances against your structure or building, it needs to be used for a qualifying activity that is taxable in the UK. These include:

• • • A trade, profession or vocation
  • • A property business (apart from residential and furnished holiday lets)
  • • Managing the investments of a company
  • • Land-based trades such as running railways
  • Mining, quarrying or fishing

What is an allowance statement?

An allowance statement is a written statement that proves that you are eligible to claim capital allowances against your structure or building. If you’re the first person to use the structure, you must create this document before you can make a claim. For a pre-used structure, you have to get a copy of the allowance statement for a previous owner before you are able to make a claim.

The allowance statement must include:

• • • Information that identifies the building
  • • The date of the earliest contract for the construction of the building
  • • The total qualifying costs
  • The date that the building was first brought into non-residential use

The costs of any changes made to the structure of the building after you started using it can either be recorded on the original allowance statement, or on a new one that you create.

What can Structures and Buildings Allowance be claimed on?

We’ve already talked about the criteria that you must meet in order to be eligible to claim for SBA, and what the qualifying activities are, but let’s explore what costs you can claim the allowance on!

You are only allowed to claim on any construction costs, including:

• • • Architectural design fees
  • • Anything spent to prepare the site for construction
  • • The construction work itself
  • • Any renovation, repair and conversion costs
  • Fitting out works

What you can claim varies depending on where you are in the property chain. For example:

If you were the company that built or renovated the structure, you are able to claim on the amount you spent for construction, even if you lease the building from another person. 

If you have bought the structure unused from a developer, you are able to claim the Structures and Building allowance on the price you paid the developer, minus any items you can’t claim for. However, if you paid over the market value for a structure or its construction expenses, you’ll only be able to claim for the original market value.

If the structure has been sold by a developer more than once but you’re the first person to use it, you can claim on whichever is lower:

• • • The price paid to the developer when they sold it
  • The price you paid for the structure

If you purchase a used structure from a developer, you can claim the SBA on the developer’s construction costs.

If you buy the structure unused from someone that isn’t a developer, after deducting items you can’t claim for, you can claim on whichever is lower:

• • • The price you paid for the structure
  • The original construction cost

If you buy a used structure from someone that isn’t a developer, you can claim the SBA on the same amount that the previous owners were entitled to claim.

What can you not claim Structures and Buildings Allowance on?

Whilst there are a large amount of costs that SBA can be claimed on, there are a number of things that you cannot claim on, including:

• • • Costs for any residence or structure located on the grounds of a residence
  • • Costs that also qualify for plant and machinery allowances
  • • Expenses you’ve already used to claim on a different allowance
  • • Money spent on other things included in the price of the building, such as land and integral fixtures and features
  • • Costs of planning permission
  • • Loans or other financing costs
  • • Expenses for public enquiries or legal fees
  • • Cost of any landscaping
  • Costs that you received a grant or contribution

How to claim capital allowances for structures and buildings

As we’ve already mentioned, SBA can be claimed at 3% of your qualifying expenditure and can be claimed for 33.33 years. Unlike plant and machinery items, there is no annual investment allowance.

You have to claim your SBA on your tax return, and you must attach your allowance statement. You can start your claim either from the date that you started using the structure for a qualifying activity, or the date that you’re due to pay for the building or its construction – whichever is later. 

If your expenses occur partway through an accounting period, you have two choices: either claim in the same year by doing time-apportionment, or start a full claim from the next accounting period.

What happens when the structure is sold?

If you sell or dispose of the structure, your allowances will stop. Make sure that you give a copy of the allowance statement so they can claim any remaining allowances. However, if your structure is demolished or sold to be used as something that doesn’t count as a qualifying activity, the claim will end.

When you get rid of the building that you have claimed the SBA on, you may have to pay more Capital Gains Tax or Corporation Tax. This is because you must add the total amount of Structures and Buildings Allowance you’ve claimed to your disposal receipts to calculate your capital gain or loss.

How Eureka Capital Allowances can help

At Eureka, our team of Capital Allowances Consultants have over two decades of experience in helping business owners unlock thousands of pounds of hidden tax relief in their buildings and structures.

Browse our services or contact us today to discover how we can help you.

Despite strong lobbying since the Spring Budget, the abolition of the FHL tax regime will go ahead as planned from April 2025 following policy papers published on the 29^th of July. 

This comes as a major blow to many FHL owners who see beneficial tax treatments and advantages lost, when the industry is already reeling in some parts of the UK with various determining factors to their business that sit outside of their control. 

New changes will remove the tax advantages that current furnished holiday let landlords have received over other property businesses in four key areas by:

• Applying the finance cost restriction rules so that loan interest will be restricted to basic rate for Income Tax.
• Removing capital allowances rules for new expenditure and allowing replacement of domestic items relief.
• Withdrawing access to reliefs from taxes on chargeable gains for trading business assets.
• No longer including this income within relevant UK earnings when calculating maximum pension relief.

As we know the changes will come into effect from 1st April 2025 for property company owned and 6th April 2025 for individuals. 

Offering some room for optimism, was the Transitional Rules relating to Capital Allowances which are still favourable to FHL owners. 

Quite simply, as it stands, if a capital allowances claim is made before April 2025, then any unused pools or losses can continue to be claimed beyond that date and utilised as means as reducing their FHL profits until the pool is exhausted. This will potentially generate savings for many years beyond April 2025 for owners. 

There were fears that this benefit would come to an end, but after April 2025, former furnished holiday let properties will form part of the person’s UK or overseas property business and be subject to the same rules as non-furnished holiday let property businesses.

If you own an FHL, now is the time to seek advice on claiming your capital allowances before it is too late. Owners have until April 2025 to claim their allowances, or this valuable benefit will be lost forever.

More information can be found on the Gov.uk website.

Owning a furnished holiday let (FHL) offers generous tax incentives that many owners are unaware of. One of the most advantageous are capital allowances, and from April 2025 these look set to be abolished for FHLs. In this article, we will explore what a furnished holiday let is, what capital allowances are, and what owning an FHL means for your tax and capital allowances.

What is a furnished holiday let?

A furnished holiday let (FHL) is a type of short-term rental accommodation that can be used as a lucrative way for people to earn additional income. It is seen as a business for tax purposes. However, there are several different criteria that has to be met in order for the short-term rental to be considered an FHL for tax purposes:

• It has to have been bought with the intention of being let commercially and making a profit.It has to be available to let for at least 210 days out of the year, and actually let for 105 days out of the year.
• It must be located in the UK or the European Economic Area.
• There has to be enough furniture provided for normal occupation.
• The property cannot be let to the same person for more than 31 days consecutively.
• • •  

If this criteria isn’t met, the income made from the FHL will be treated as if it were from a Buy-to-Let, and you will not be able to claim capital allowances.

What are capital allowances?

Capital allowances are a type of tax relief that businesses can claim on certain types of capital expenditure, including assets they acquire for use in their trade or business. They provide tax relief on the reduction in value of ‘plant and machinery’ assets. In the context of holiday lets, ‘plant and machinery assets’ means the fixtures, fittings and furniture essential to the running of your business. Unbeknown to many FHL owners, however, is that they can also claim on items that were already in their property when it was purchased.

Capital allowances enable FHL owners to deduct the value of specific assets and items from their profits, in turn reducing their tax liability.

Instead of deducting the full cost of these assets from their taxable income in the year of purchase, businesses can spread the cost over several years, or choose to offset the full amount of certain assets in the first year through an Annual Investment Allowance.

You aren’t able to claim capital allowances for Buy-to-Lets, as HMRC class these as an investment, rather than a trading business.

However, legislation is changing, and from April 2025, owners of furnished holiday lets will no longer be able to claim capital allowances!

What counts as ‘plant and machinery assets’?

As we mentioned above, you can claim capital allowances on ‘plant and machinery assets’. But what counts as ‘plant and machinery’?

According to gov.uk, plant and machinery includes:

• Items that you keep to use in your business – in FHLs, this can include furniture, sanitary ware, white goods and appliances, and carpets
• Costs of demolishing plant and machinery
• Fixtures, for example fitted kitchens or bathroom suites, heating and electric systems
• Alterations to a building to install plant and machinery – this does not include repairs, but can include extensions or reconfiguring the layout to install additional assets

What doesn’t count as ‘plant and machinery assets’?

Now that you have a bit of an idea of what is included under the ‘plant and machinery assets’ category, you might be wondering what it doesn’t include.

You can’t claim plant and machinery allowances on:

• Leased items, unless you have a hire purchase contract or long funding lease
• Anything only for business entertainment, such as a yacht or karaoke machine
• Land
• Structures, such as roads, docks or bridges
• Buildings, including doors, gates, shutters, or mains water and gas systems

When can you claim capital allowances on your holiday let?

If your FHL property is new – either you have built a new FHL property or converted an existing property into a furnished holiday let, you are able to claim capital allowances on the eligible assets bought for that property. These can be claimed in your self-assessment tax return if you’re a sole trader, or in your company accounts if you operate as a company.

If you have purchased an existing FHL, or residential property that hasn’t previously claimed full capital allowances, you are able to claim these during the purchase of the property through a Section 198 Election.

How to make a capital allowance claim for holiday lets

Making a capital allowance claim typically requires the expert eyes of surveyors and capital allowances specialists. It involves several steps and different considerations that you need to be aware of:

• Keep detailed records: Keep records of all capital expenditure related to your holiday let, including invoices, receipts, and documentation of any assets that you have bought.
• Identify qualifying assets: Identify the ‘plant and machinery’ assets within the property that qualify for capital allowances – furniture, kitchen equipment, furnishings, and fixtures.
• Submit the claim: Include the capital allowance claim as part of your tax return or submit it separately according to the requirements of your tax authority. Ensure that all necessary documentation and supporting evidence are provided with the claim.
• Check your property is eligible: We’ve already run through the criteria that your holiday let accommodation needs to meet in order to qualify for capital allowances. Check your property against this criteria to ensure that it qualifies for capital allowances
• Seek professional advice: Consider seeking advice from an accountant or professional capital allowances advisor. They will be able to help ensure that you maximise your claim while complying with tax laws.

How Eureka Capital Allowances can help

At Eureka, we have a team of Capital Allowances Consultants with over 20 years’ of experience, helping business property owners unlock thousands of pounds of hidden tax relief in their property.

Contact us today to discover how we can help you.

Eureka recently attended the Hoseasons Conference held at the magnificent Celtic Manor Resort on the 7th and 8th of November 2023. A gathering of 700 property owners, the event was not only a celebration of accomplishments but also an opportunity for industry leaders to come together and share insights. Eureka, being at the forefront of innovation, made a significant impact at the conference, and here’s a glimpse of what you can expect when you visit our stand at future events.

Expert Insights: Unlocking the Power of Capital Allowances

One of the highlights at the Eureka stand is our team of specialists who are ready to provide invaluable insights into capital allowances. Whether you’re a seasoned property owner or just starting in the industry, our experts will be on hand to answer any questions you may have. Capital allowances can be a complex subject, and our team is dedicated to making it accessible and understandable for all.

Free Review: Maximising Your Property’s Potential

Bring your property information to our stand, and we’ll offer you a complimentary review. Our goal is to assess potential capital allowances that you may be eligible for, helping you unlock hidden value in your property investments. This free review is our way of giving back to the community and supporting property owners in maximising their returns.

Networking: Building Connections in the Industry

Eureka’s presence at the Hoseasons conference was more than just a participation – it was an opportunity for us to connect with you, our community. As we look forward to future events, we invite you to join us at our stand, where expertise, complimentary reviews, and networking opportunities await. Eureka is not just a name; it’s a commitment to supporting property owners on their journey to success.

Stay tuned for more updates and see you at our next event!