It’s the start of 2022, which means we have a few months left before the end of the financial year in April. Coupled with a healthy dose of optimism that we’re coming out of the pandemic, many businesses are looking to make investments that will benefit them for the future. 

With the changing parameters of the workplace, offices are at the front and centre of everyone’s attention. People have changed what they want from the space and the workplace is becoming more of a community hub instead of a strict place of work. To attract and retain the best talent, businesses are now making changes to their space inorder to meet people’s needs. 

What is capital expenditure?

Essentially, it’s any money spent by a business when investing in physical assets like property buildings, technology or plant and equipment. Whether it’s acquiring new assets or upgrading and maintaining the ones you already own, these funds can be classed as capital expenditure. 

Now is the perfect time to invest in physical assets like office furniture or complete fit-outs as for many businesses, they know how much capital they have left to spend before they reach their limit this tax year. Being able to take advantage of the corporation tax deduction helps businesses to make solid investments in their future. 

Why should I invest in an office fit-out?

The debate regarding coming back to the office or working from home still isn’t over. With Google announcing their investment into their UK offices in London and some companies now citing ‘remote working’ as benefits for new hires - it seems like you have to be in one camp or the other. The only certainty is - what people want from the office has changed dramatically since the pandemic. 

We’re coming into an era where people want the space to work for them and their new business set up. Gone are the days where lines of desks in a huge open plan space are the norm in every office. Employees want to come into a space that is inspiring, comfortable and increases collaboration. 

Investing in a new space that meets these demands will heighten team collaboration, feelings of employee wellness and productivity. It also sets you up for the future and any team growth you want to facilitate. 

How can Fenns help? 

We offer a full turnkey solution for office fit-outs. From initial planning and CAD design to sourcing the furniture and fitting it to specifications. Happy to work to your requirements, we’ll source specialist equipment or even help you create a greener office to offset your emissions. 

Contact us today at This email address is being protected from spambots. You need JavaScript enabled to view it. for more information.