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Capital allowances

Now that non-resident investors are within the charge of UK corporation tax from April 2020, restrictions on relief from interest deductions (on both related party and bank debt) will apply. Therefore, it has become increasingly important to focus on other available reliefs, capital allowances being the most important of these. As the largest capital allowances practice in the UK, Deloitte’s team has a particular focus on property investors. They routinely advise clients that have already received capital allowances advice from other advisors and through their specialist expertise in over 90% of the cases are able to pull through significant additional tax shelter.

Key contacts

Peter Millwood

Peter Millwood

Partner

Peter is a partner in the London tax depreciation team. Peter is one of four full time partners within Deloitte’s capital allowances practice. His team consists of over 50 full-time capital allowances... More

Pavel Delvig

Pavel Delvig

Director

Pavel is a senior manager in the London tax depreciation advisory team. Pavel leads the capital allowances due diligence and structuring of real estate transactions, and advises clients from a broad r... More

Adam Cook

Adam Cook

Associate Director

Adam is a Chartered Accountant and a member of the Institute of Chartered Accountants in England and Wales. Adam is an Associate Director within the Tax Depreciation Group in London. Adam has worked w... More