Pubs and Restaurants .
Pubs and Restaurants .
Commercial kitchens, extraction systems, cellar installations and specialist lighting create strong capital allowances opportunities.
These assets may have been inherited on purchase or added during refurbishment programmes. Both scenarios can generate qualifying relief.
A specialist breakdown of acquisition value and capex spend is often the difference between a basic claim and a fully maximised one.
For property purchase claims, up to 25% of the purchase price can qualify for Capital allowances .
- Electrical systems & lighting | Heating
- hot water & ventilation | Commercial kitchens & food preparation equipment | Bar
- cellar & drinks systems | Furniture
- fixtures & equipment (FF&E) | External works & site infrastructure
And much, much more…
What can a pub or restaurant owner claim on?
UK legislation allows some business property owners to claim capital allowances on qualifying fixtures already within a property at acquisition, even where these assets were already in place at the time of purchase.
Newly added items and post-acquisition expenditure can also qualify. Whilst accountants typically claim the more obvious items, a surveyor led review can identify additional embedded fixtures and integral features often missed, unlocking further valuable tax relief.
“As business owners know, running it takes up most of our time and finding time for other things can be difficult. Eureka did all the work, from start to finish, so we could focus on our business. We were never aware that as owners, you are allowed to claim tax relief on items that were already in the building when it was bought, and this is service accountants cannot provide. Eureka liaised with our accountant and obtained a fantastic result that will help us save money for years to come. We highly recommend!”
Gary and Becky
The Stackpole Inn
Questions.
Have any questions that we haven’t answered here? Get in touch with us and we will do our best to answer them for you!
Why Accountants Can’t Claim These Allowances.
Capital allowances on property cannot be identified from accounts alone and usually require a specialist review of the building itself. As accountants are not trained or insured to carry out building surveys, significant capital allowances are routinely missed without this process.
What Are Capital Allowances?
Capital allowances allow businesses to deduct qualifying capital expenditure on plant and machinery from taxable profits. When a commercial property is purchased, part of the purchase price may relate to qualifying assets already within the building, which are often overlooked but can deliver significant tax relief when properly identified.
Who Can Claim Capital Allowances?
Businesses and property owners who incur qualifying capital expenditure, including those who purchase commercial property, may be entitled to claim.
What Can Qualify?
Capital allowances generally apply to qualifying plant and machinery and certain fixtures within a commercial property. These items are often embedded within the building and, when correctly identified through specialist analysis, can be pooled and claimed for tax relief.