Planning a relocation project? Some areas to consider....
Tax Breaks and Financial Leasing
Elements of your fit-out may qualify for tax relief in the form of capital allowances which are spread out over the life of your fit-out. If you are considering integrating sustainable elements into your office you may receive further benefits as the Enhanced Capital Allowances Act rewards companies which install energy efficient equipment and products.
The allowances enable you to write off a proportion of the capital cost of certain items against your taxable profits. Your accountant is best placed to advise which elements qualify and how to proceed with making a claim.
Alternatively, you may be able to obtain a financial lease agreement for some or all of your fit-out solution. As well as enabling you to spread out the cost of the project over an appropriate term, thereby freeing up cash flow, payments are fully allowable against taxable income.
| Searching and negotiating for office space We strongly recommend that you instruct a commercial agent as they are best placed to search and negotiate on your behalf... |
|
| Defining your requirement After assessing your space, we'll provide you with a variety of concepts and fixed price quotations for the associated work... |
|
| Budgeting for a fit-out project The cost of an office fit-out can range widely depending on the size and condition of space acquired and the specification of works... |
|
| Back to Planning page |
|

