Steve Smith joins JLL as Head of Capital Allowances

Global real estate consultancy, JLL has made further investments in its UK Capital Allowances business with two new hires. The team expansion will see the firm venture further into the professional services sector and better leverage the significant opportunities that exist across both internal and external Investor and Occupier markets.

Former Management Consulting Property Tax Leader at Sweett Group, Steve Smith, joins as Head of Capital Allowances, JLL. Steve spent 11 years at Sweet Group where he was responsible for capital allowances, land remediation relief, research and development allowances and quarterly and annual capital allowances reporting.

Joining Steve on the team is Debra Feinson who also arrives from Sweett Group where she was a Senior Tax Consultant. Previous to this she worked with E3 Consulting Limited and KPMG and has worked across a wide range of client accounts including FTSE 500 companies.

Kane Wagstaff, Head of Cost Management at JLL, said: “Steve is a recognised expert in the UK capital allowances market and a great addition to the team. Steve along with Debra will help enable more of our clients to maximise their capital allowances position allowing them to unlock investment opportunity and improve cash-flow.”

Steve Smith, Head of Capital Allowances, JLL, added: “Capital allowances are a valuable form of tax relief available to organisations and individuals incurring capital expenditure on commercial property. Property owners across the UK are regularly sitting on significant amounts of unclaimed tax relief, but identifying capital allowances within commercial properties is a complex process. Our team will help clients maximise the relief from their investment through early integration with the tax and property teams. I look forward to working with the team and our Clients to help them secure this valuable form of tax relief.”