Ċavetta Consulting, can assist you with your commercial property transactions by providing services relating to due diligence, entitlement reviews and the preparation of capital allowances valuations.
Traditionally, consideration of capital allowances was often left until after the purchase of a commercial property. Indeed, before 2012 in some instances, it was better not to raise the subject of capital allowances at all. If the contract was silent on the matter, it could be a significant advantage to the purchaser.
However, since the changes to the capital allowances legislation in 2012, entitlement to capital allowances in a commercial property transaction has become far more important. This is particularly true as purchasers have become more aware of the of the tax savings that can be lost if the “pooling requirement” and “fixed value requirements” are not complied with.