CAS - Sectors - Doctors Offices & Surgeries
Doctors’ surgeries are where people go for primary and non-emergency health care, attending patients can see GPs and other healthcare professionals for a range of medical services. Due to the sensitive nature of the GP profession often the consulting rooms and treatment facilities include trade related sound insulation to maintain patient confidentiality.
Capital allowances can unlock hidden value in your practice by covering expenditures on building improvements. Whether it’s structural enhancements, new plumbing, or essential integral features, our experts identify all qualifying expenditures to transform investments into valuable tax relief and increase the overall value of your practice.
Navigating capital allowances requires specialized knowledge of HMRC regulations and healthcare industry practices. Our experts stay current with tax laws to ensure your claims are accurate and compliant. This expertise not only minimizes your tax burden but also provides peace of mind knowing your finances are optimized.
No upfront fee
Our team, are here to build a long term relationship with you and your business, and that's why we don't need hourly rates or day rates - we only bill when your claim is successful.
£55m+
Unlocked for our clients through well prepared, robust and successful UK commercial tax relief claims.
£121bn
Was the total value of UK Capital Allowances claims minus balancing charges in the 2021 to 2022 financial year (HMRC Stat).
In the UK, capital allowances are categorized into different “pools” which determine the rate at which you can claim tax relief on your capital expenditures. Here are the primary cost pools for claiming UK capital allowances:
This pool typically includes most plant and machinery used in a business. The main pool qualifies for the Writing Down Allowance (WDA) at a rate of 18% per year on a reducing balance basis. Examples include:
Cleaning equipment, operating equipment, waiting room chairs, reception hardware, hygienic cladding etc.
The special rate pool includes assets that have a slower depreciation rate and qualifies for the WDA at a rate of 6% per year on a reducing balance basis. This pool covers:
Lighting, heating systems, air conditioning, etc.
Introduced for contracts entered into on or after October 29, 2018, the SBA allows businesses to claim 3% per year on the cost of constructing, renovating, or converting non-residential structures and buildings. This allowance is claimed on a straight-line basis over 33 1/3 years.
Walls, flooring, structural partitions and suspended ceilings etc.
The healthcare sector is competitive, and maintaining high standards of care is essential. The savings from capital allowances can be reinvested to improve patient services, upgrade technology, or expand medical capabilities, helping you stay ahead in healthcare delivery.
Qualifying items can include pieces of plant and machinery such as CCTV systems, trade related soundproofing for confidentiality, access control systems for security, computers, desks, medical equipment, PPE, signage and sanitary ware. Allowances are also available for a variety of integral features such as electrical power and lighting, heating and ventilation, and hot and cold-water systems.
Since the 29th of October 2018, an additional allowance referred to as Structures and Buildings Allowances has been available for eligible expenditure. This has significantly improved the level of return from capital allowances reports for new build purchases and new construction/fit out works as items such as hard wood flooring, internal walls and partitions and ceilings can now be eligible for tax relief.
Our team comprises seasoned tax professionals and surveyors with extensive experience in the nuances of capital allowances. We stay abreast of the latest legislation and best practices, ensuring you receive the maximum relief available.
We conduct thorough assessments of your capital expenditures, meticulously identifying all qualifying assets. From plant and machinery to integral building features, our detailed approach ensures nothing is overlooked.
COFFEE SHOPS & CAFES
PUBS & RESTAURANTS
HOTELS
CARE HOMES
INDUSTRIAL & FACTORIES
OFFICES
NURSERIES & CHILDCARE
FURNISHED HOLIDAY LETS
WAREHOUSES
DOCTORS OFFICES & SURGERIES
RETAIL STORES
TRANSPORT & LOGISTICS
DENTISTS
VETS
FARMS & AGRICULTURAL
COMMERCIAL CONSTRUCTION
Claiming capital allowances may seem hard at first, but at the BSE Group, we’re here to help you through the process. Our time within the financial field has given us the expertise needed to help your business claim tax relief. Unlock the hidden value in your capital expenditures with our help.
Contact us today for a free initial consultation and see how our Capital Allowance Team can transform your tax strategy and enhance your financial performance.
