How much Tax can you save?
Scale of Capital Allowance Values
The actual value of Capital Allowance is calculated against the purchase price plus all acquisition costs –
legal fees, stamp duty, surveys etc. plus allowable and unclaimed development costs.
Therefore, a £1,000,000 hotel could have £400,000 of
Capital Allowances to claim giving £80,000 of
corporation tax saving or up to £180,000 saving
for a higher rate tax payer.
These tax savings can be considerable and
both parties could lose them forever if
CPSE.1 section 32 isn’t filled in correctly
at the point of completion of the