Claire covers one of the most overlooked tax reliefs for business owners who own their own building: capital allowances on commercial property. Prompted by a listener story about a business that missed out on hundreds of thousands of pounds in claims, this episode breaks down what capital allowances actually are, why most accountants never mention them, and what to do before you sign anything on a commercial property purchase.

Key Topics Covered

• What capital allowances are and why they only apply to business assets, not everyday expenses
• The difference between full expensing, integral features, and structures and buildings allowance, and why the split matters
• Why most high street accountants miss this claim entirely and why that isn't really their fault
• The "shake the building upside down" test for working out what qualifies
• Why timing is everything, and how the opportunity can disappear the moment a property sale completes
• What to do before buying a commercial property to make sure you don't leave money on the table

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ABOUT THE HOST:

Claire Hancott through Profit Cash Growth helps 7 & 8 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.

As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.

Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions.

*The content of this podcast is for entertainment purposes only and does not constitute professional advice.