Industrial Buildings Allowance

 In Manchester, the skyline is ever changing and ever growing. Although like metallic trees, cranes occupy the skyline but only to remind us that Manchester is stepping into the future. Areande as always takes the initiative to help with construction of new buildings. Companies can claim an industrial building allowance (IBA) for any building or piece of construction. By doing so they assist with  helping the future of the city.

Thanks to government funding with £100bn in the bank waiting to be put into play, we are excited to see infrastructure commence from 2016 to 2021. This is very exciting for the City as it promotes growth within the City. The Industrial Buildings Allowance began in the 1940s just after the Second World War. From the terrors of war the country had to rebuild itself. Industry was a powerhouse in the 1900s with the amount of factories across the country. The Industrial Buildings Allowance was seen an imperative arsenal to shape the country and future.

Working alongside Areande, the Industrial Buildings Allowance gives companies tax relief on the cost of developing a building. Due to the success this later went on to cover bridges, tunnels, walls.

There are numerous buildings across the City that have claimed Industrial Buildings Allowance with Areande. Innovation is the opposite side of the coin to redevelopment in the City. And along as the company shows promise we support any claim provided (depending on eligibility).

In the last ten years, Areande has assisted in the development of hundreds of homes in the North West from Liverpool to Manchester to Chester. Small companies who show promise towards innovation work hand in hand with us as we do not look what is but what can be.

We spoke to a CEO of one of Manchester’s top building firms regarding the future of the City. “Every month a new building gets approved in not just Manchester but the North West. This is incredibly exciting as we’re able to bring a new depth to this famous City and beyond. The Industrial Buildings Allowance allows us to claim tax relief back from materials and labour. When we worked with Areande their website was easy to navigate around, their eligibility calculator was simple to use and we received our claim in minutes. As we come out of this recession after the Pandemic, looking to the future has never been so important and vital in the recovery of our country.”

Now more than ever we must take these building blocks and try and bring it to something that shapes the future of not just Manchester but the United Kingdom. Supporting businesses, big and small is imperative to the success of the industry and build a road to a steady economy, a grander Manchester and a successful North West.
Tax Relief from Areande and their first class customer care aim to not keep the North West in the 21st Century but beyond also.