Let There Be Tax Relief
When undertaking a new commercial lease, whether you are the lessor or lessee, it is essential that valuable tax reliefs be considered at the outset.
By doing so, either party has the opportunity of obtaining a much needed cash flow advantage, returning a higher return on his investment. The additional tax relief from capital allowances and land remediation relief, can provide each party with the opportunity to improve cash flow and free up capital to spend elsewhere in the business .
Tax relief is potentially available on the original purchase of the commercial letting. However, it is also potentially available on the refurbishment or fitting out of the property, which if considered at an early stage could significantly lower the bottom-line costs.
For more information on capital allowances on leasing download our guide.
