New allowances which came into force in April this year have resulted in accelerated tax savings for relocatable partitioning.
Changes from April 2012
From April 2012 the AIA expenditure limit will reduce from £100,000 to £25,000 and writing down allowances will decrease from 20% to 18%.On the same £150,000 expenditure shown in the left chart the tax relief available will change to the chart on the right.
Shad Thames, London Bridge
This will allow a base for their staff to be more accessible and react even faster to customer requirements as RAP are securing a number of projects for clients in Canary Wharf, Kensington and Knightsbridge. This is yet another success story for RAP Interiors.
The full address is:
Hop Studios
2 Jamaica Road
London
SE1 2BX
Ska Rating will help organisations make informed decisions about fit out projects in the context of the growing importance of sustainability on the corporate agenda and a burgeoning statute book.
It is designed to be of particular use for occupiers but has benefits for other property stakeholders including landlords, developers, consultants, fit out contractors and the supply chain.
For occupiers/tenants
Measure sustainability impact accurately
Whether you are a tenant of a single office doing a one-off fit out or a major corporate occupier Ska Rating is the first system designed to measure 100% of the sustainability of your fit out and decide what is most important.
The rating is influenced entirely by what you choose to do, not by what has been done in the past.
Manage the bottom line:
By following good practice occupiers may be able to reduce costs
For example utilities bills, facilities' staff time, paper and travel. Using energy efficient methods and appropriate recycling should lead to a reduction in resource consumption and improved efficiency. Ska is a decision-making tool which ranks the different aspects of a fit out based on what will have the biggest impact on sustainability. It can therefore be used to help the design team achieve maximum sustainability for a given budget
Follow good practice: Environmental sustainability is already a point of compliance for the majority of SMEs and all corporates and Government entities. However there is no method available to them for fit outs to help achieve any measure of sustainability.
Legal/Statutory compliance:
Corporate Responsibility is a key emerging area for companies, led by legislation. Under Section 172 of the Companies Act 2006 - company directors are required to promote the success of the company and must have 'regard to the impact of the company's operations on the community and the environment'.
Occupiers face board-level demand for sustainability.
Ska is based on robust guidance which dispels a lot of myths: sustainability not just a luxury for big companies who can afford it. Ska rates what is actually important and makes the biggest impact in terms of sustainability and adds another dimension beyond cost and quality to assess fit out projects...
Are you ISO 14001 accredited? A Ska certificate helps you ensure that a fit out project is rated accurately and can be used to support your environmental management system
Customer, investor and stakeholder perception: A Ska Rating certificate can help an organization demonstrate that it takes sustainability seriously and has achieved a standard with its property. This can feature in annual reports, environmental policy or tender documentation or be displayed in a building.
Staff engagement: many employees (whether existing staff members or potential recruits) increasingly place a value on a company's green credentials as well as wishing to work in high quality spaces. A Ska Rating can be used to reinforce staff morale and complements other CSR activity.
For developers and landlords
Use Ska Rating to set targets, then use the formal assessment process to assure yourself that target performance standards are met, and finally use the certificate to report their performance to stakeholders.
Benchmark the sustainability of fit outs across a portfolio of buildings.
Include the use of the RICS Ska Rating in 'Green Lease' provisions to help drive up the sustainability of properties or protect a building already certified under a whole building assessment method.
Sustainability increasingly makes good business sense. Research demonstrates an expected increase in the asset value of labelled low carbon buildings compared with standard speculative buildings
For consultants
Embed Ska Rating in your standard processes to demonstrate that you follow a sustainable specification and procurement process for fit out.
Use the Ska Rating tool and datasheets to support delivery of professional advice to clients on good practice in sustainable fit out and to assess their designs and projects
Offer Ska Rating certificated assessments to clients who wish to demonstrate they have achieved more sustainable fit out through the Ska Accredited Assessors scheme
For contractors
Use the assessment process and related guidance to make your design, specification, procurement and construction practices more environmentally sustainable.
Demonstrate your sustainability credentials to clients and consultants by making the targeting of standards under Ska Rating part of your standard tender process
RAP offer a complete energy and sustainability management Service
0333 600 1234
