Do you own a Dental or Doctor's Surgery?
If yes, we know it’s more than just a medical facility – it’s a business. And with that comes potential tax benefits you might not be aware of.
It doesn’t matter if you operate as a limited company, a practice, or as a sole owner, you can claim Capital Allowances tax relief on your property if:
- You purchased or built the property.
- Undertook conversion, alteration, or fitting out works.
How can I benefit?
You may be able to make significant tax savings via a Capital Allowance claim:
- Save on 25 – 60% of purchase expenditure.
- Save on 35 – 80% of construction-related costs.
Is there tax relief available?
Certainly, the Inland Revenue believes only about 10% of surgery owners claim the tax relief they’re eligible for.
But. the process isn’t just about crunching numbers. Proper claims require knowledge in property law and building construction.
If you’re unsure whether the right claims have been made for you, contact us for a chat and we can look into getting you the tax claims you are eligible for.
Get the tax relief you are entitled to
If you need the help of a tax consultant to identify what tax relief you are eligible for on your commercial property, contact us today to have a no obligation chat.