About
Smith Kelland

We are experienced capital allowances consultants to the mid and upper tiers of UK commercial property for investors, owner-occupiers and tenants. Whether investing into the UK for the first time, expanding a portfolio or changing occupational requirements.

Smith Kelland is where genuine experience comes as standard and where each client and individual is valued and appreciated.

Our clients’ long-term success is front and centre of everything we do. We recognise first-hand the concept of client care and the importance of effective communication with wider stakeholders to achieve a memorable client result.

We like identifying and solving the inherent unique challenges of each project by applying our experience and deep knowledge of the capital allowances legislation. Always a pleasure, never a chore.

Smith Kelland was established in 2012 by Kevin Smith and Peter Kelland, having previously worked together.
Over that time, Smith Kelland has understatedly become a leading independent UK capital allowances consultancy.

Both always appreciated that clients’ capital allowances requirements are best served via a small independent capital allowances consultancy consisting of experienced individuals. Therefore, without the distractions of management layers, corporate red-tape and fee targets.

Kevin had been a capital allowances consultant for many years with a ‘big four’ accountant, a leading international real estate advisory firm and an international quantity surveying firm. Peter retired in 2021 and remains a good friend.

Our capital allowances reports are prepared with great care. Each is detailed, comprehensively researched, fully disclosed, clear and elegant. Style and substance. After all, we always advise clients to submit our reports with their tax return. Each project is undertaken in a manner whereby the capital allowances are optimised while withstanding potential scrutiny by HM Revenue & Customs.

Notably, every capital allowances project we have undertaken since 2012 – from the large, unique and complex to the modest and straightforward – has been agreed by
HM Revenue & Customs, as submitted. We undertake our work thoroughly and correctly first time – always. Smith Kelland has a solid reputation with
HM Revenue & Customs, the Valuation Office Agency, the UK property investment and accountancy professions.

Notably, every capital allowances project we have undertaken since 2012 – from the large, unique and complex to the modest and straightforward – has been agreed by HM Revenue & Customs, as submitted. We undertake our work thoroughly and correctly first time – always. Smith Kelland has a solid reputation with HM Revenue & Customs, the Valuation Office Agency, the UK property investment and accountancy professions.

Kevin Smith

BSc MRICS MSc (Property Investment)

A capital allowances consultant since 1999, my capital allowances career includes having worked at KPMG and CBRE for many years.

For 25 years, my capital allowances experience and knowledge has been, and continues to be, crafted and refined the one and only way – by always working and flourishing at the ‘coalface’. Actually doing the work – the research, detailed analysis, surveys, liaising, problem solving, decision making, referencing the legislation and deciphering its minute parts. I thrive on working with and advising UK and overseas property investors, landlords and occupiers. Assisting each to achieve their full capital allowances entitlement under the legislation. I am fortunate to advise and work on a significant number of construction projects and property transactions of varying values and complexity.

Across construction projects and property acquisitions, my capital allowances experience spans a diverse range of property types, including: offices, distribution warehouses, hotels, shopping centres, data centres, healthcare facilities, luxury retailing, student accommodation, multi-storey car parks, aviation facilities, agricultural facilities and horse racing venues.

In addition, I have a deep practical knowledge of the rarefied world of energy services agreements projects spanning multiple sites, ensuring capital allowances entitlement is secured.

To assist professionals with their understanding of the subject, I wrote the book,
‘Capital Allowances for Property Professionals’, published by the Royal Institution of Chartered Surveyors.

Currently, I sit on the HM Treasury Full Expensing Consultation Group, which aims to simplify the capital allowances legislation during the lifetime of the current government.

Prior to becoming a capital allowances consultant, I worked as a quantity surveyor, including time as a resident quantity surveyor at the Bank of England building. I am a Chartered Surveyor – qualifying via the Taxation Allowances route – and hold a BSc in Quantity Surveying from Heriot-Watt University, Edinburgh and an MSc in Property Investment from
City University, London.

Prior to becoming a capital allowances consultant, I worked as a quantity surveyor, including time as a resident quantity surveyor at the Bank of England building. I am a Chartered Surveyor – qualifying via the Taxation Allowances route – and hold a BSc in Quantity Surveying from Heriot-Watt University, Edinburgh and an MSc in Property Investment from City University, London.