Tax and cashflow efficient office fit out
There is so much to think about when planning an office fit out! Having spent time researching the local property market, viewing properties and negotiation terms, you have found the perfect new home for your business. Then there is the fit out to think about. You spend time meeting several companies, looking at the quality of their work and deciding which is the right partner for your company. Everything from flooring, wall finishes, furniture and seating, partitions and doors and corporate branding need to be thought about and decisions made. The right fit out company will work with you to make this process straightforward and put a complete package together and project manage the works for you.
How are you planning to fund your office fit-out? The good news is you do not have to use company capital or debt finance to fund your project. Leasing offers a solution where you can finance your office fit out over 2-5 years. This clearly has a huge benefit to cashflow, but also means there can be tax benefits. HMRC may only let you claim capital allowances against 65-80% of the fit out – where as lease repayments are 100% allowable against taxable profits. So where it the catch? There isn’t one – leasing finance packages can be put together to include every aspect of your fit-out including not only the furniture, seating, partitions, flooring, AC, Comms – but also the design and project management elements of the project.
Providing a great work environment for your business does not need to cost the earth, or create a cash-flow problem for your business either. We specialise in cost conscious creative office interiors. We can offer finance options through a partner to help spread the cost. Try the finance calculator on our home page to see how this could work for your business. Get in touch by filling out the contact form. Let’s talk about how we can work with you to inspire and motivate your team and ensure your business image is reflected in your premises.