Capital allowances are a valuable financial savings tool as they are inherent in most property transactions or property developments, and are a key tax benefit within a company’s real estate or project expenditure. 

What are Capital Allowances?
Capital allowances are a relief from income tax and are based on the capital expenditure incurred on the provision and installation of certain fixed assets in a building that suffer wear and tear, as well as on various types of properties, including certain industrial buildings and hotels.