Capital Allowances And SA
Episode description
Shaz shares the key points about claiming capital allowances including when you can and when you can't claim
If you are wondering where to get started on capital allowances, this episode is the one to listen to
KEY TAKEAWAYS
- You can claim on anything fixed to the building
- You can claim capital allowances if the previous owner hasn’t
- A commercial property or standard search enquiry, completed by the solicitor has a question about capital allowance claims
- For new items, you can claim the cost for existing items a valuer is needed to assess
- There are different pools for capital allowances
- In a large HMO, you can claim for communal areas
BEST MOMENTS
‘A new building will have its own capital allowances’
‘The longer you use it as SA the better for capital allowances’
VALUABLE RESOURCES
shaz@aaa-accountants.co.uk
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on: