Capital allowances (tax depreciation)

Detailed claim analyses of 'live' new build, fit-out or refurbishment projects on a project-by-project basis, or on portfolio basis, including maximising R&D Allowances, structures and buildings allowances, and the newly introduced super deductions/special-rate relief and mitigating the impact of contributions, grant agreements and long funding lease and long-life assets rules. 

Supporting in drafting appropriate contract clauses for suppliers and contractors to deliver required information.

Reviews of historic capital expenditure to deliver uplifted capital allowances and deferred revenue balances to claim in open years, including as part of vendor due diligence to ensure that no claims are overlooked.

For owner/occupiers, investors and developers that remediate contaminated or derelict sites.
 

Preparation of guidance manuals, data collection templates or sampling agreements for large portfolios of repetitive work, such as retail fit outs, to efficiently capture relevant information on a real-time basis, including upfront agreement with HMRC.

Advising both buyers and sellers on mitigating risk and future tax liabilities through appropriate elections, preparing integral features uplifts and advice on contract clauses to allow for future uplifts of the existing capital allowances position, including vendor and buyer due diligence support.

Analysis for planned construction projects, particularly large-scale public sector and infrastructure assets, such as renewable energy assets.