Using tax to reduce your Solvency II burden
Welcome to the latest issue of our Global Mobility Alert.
Helping you to recruit, retain and motivate your key employees
Generous tax incentives for energy or water efficient equipment can
provide significant savings for businesses
Capital allowances on the embedded fixtures of a building can easily be worth 10% of the total building value. A person selling a property may be able to retain some or even all of those allowances.
A person who buys commercial property can claim capital allowances on the
embedded fixtures. Few take full advantage of this opportunity, even though
the cash savings can be huge. Recent changes to the tax rules mean that this
must now be considered before contracts are signed – leaving the analysis
until later may mean that the buyer cannot claim any allowances at all.
Refurbishment of a property creates a wide range of opportunities to obtain accelerated
tax deductions with a high cash value.
Where a property owner constructs a building, whether directly or by funding a developer, the tax depreciation allowances on the spend can create enormous cash savings.
Welcome to the second issue of our Global Mobility Alert.
Key facts and figures at your fingertips for 2013/14