Education facilities where they are run through the private sector and are run as tax paying entities will qualify for capital allowances.
For example, children’s nurseries can be found in every area of the country, with many run by the private sector. Where these types of properties provide teaching areas, catering facilities, office areas and external play areas, they may contain high levels of assets that qualify for valuable tax relief.
Similarly, soft play facilities can be found in a number of converted warehouses and contain significant mechanical and electrical installations, as well as the play areas. All of which will attract valuable tax relief.
If you are an owner occupier or investor in educational premises you may be able to claim valuable tax relief. For further information on how Cavetta Consulting can help you download the attached brochure.