Capital Allowances to reduce UK tax for landlords
December 15, 2021
Capital allowances is a tax reducing strategy for Furbished Holiday Lets (FHLs), serviced Accommodation (SA) and commercial buildings such as: restaurants, offices, shops, warehouses etc.
Capital Allowances is a % of the property value that may be used as a cost to recue taxable profits. This means that capital allowances on Furnished Holiday Lets. Serviced Accommodation and commercial buildings can help reduce your income tax (if own in your name) or corporation tax (if the property is owned in a limited company).
Capital allowances is one of many tax strategies to help landlords and property investors to reduce HMRC tax liabilities. See how our property tax specialists can help you reduce tax.
www.optimiseaccountants.co.uk
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