Commercial Property Tax, Handled by Experts
We'll take care of the accounting, so you can focus on what matters.
- VAT Requirements
- Capitalisation and Leases
- Business and Mixed Used Properties
We'll take care of the accounting, so you can focus on what matters.
Rental income from commercial property is treated as property income for income tax (or corporation tax for companies) purposes, reported via Self Assessment or your company's CT600 return. Unlike residential property, commercial landlords are not subject to the mortgage interest restriction — interest on loans to purchase commercial property remains fully deductible as a business expense.
Commercial property is exempt from VAT by default. However, landlords can choose to "opt to tax" a property, which means they must charge VAT at 20% on rental income. Opting to tax allows the landlord to recover the VAT on construction, refurbishment, and other property-related costs. It is an important and largely irreversible decision, and we advise carefully before any election is made.
Commercial property owners can claim capital allowances on qualifying plant and machinery embedded within the building — items such as electrical systems, heating, ventilation, plumbing, lifts, and fitted fixtures. The Annual Investment Allowance (AIA) may allow an immediate 100% deduction. A capital allowances survey can identify significant unclaimed deductions, and we coordinate this alongside the preparation of your accounts.
You will only ever be charged with the fees agreed. We'll never give you unexpected costs and will let you set spend caps if necessary.
