Insight

As one of the most experienced fiscal incentive specialists in the UK, we have helped generate in excess of £1bn of additional tax savings on behalf of our clients.

Here we provide case studies of some of our most prestigious and high-value engagements and present insightful analysis and commentary across a variety of topics.

Case study – Historical review of enhanced capital allowances

Review and analysis of data centre operator's historical capital allowances. Total expenditure: £27m Total plant and machinery allowances - £23.2m Total tax saving @ 20%: £4.64m

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Data centres – Making the most of property tax reliefs

In this month’s Insider Ireland’s Business Matters, senior consultant, Phil O’Connor, comments on the tax reliefs available for Irish data centre properties. Phil says: “The data centre industry is now one of the fastest growing property sectors in Ireland with over €1bn being invested annually, compared to a cumulative total of just €1bn invested up … Continue

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Budget 18 – Has there ever been a better time to invest in commercial property?

In this month’s Insider Ireland’s Business Matters, director Aubrey Calderwood outlines changes that were introduced in the 2018 Budget and why they can be a positive change for commercial property investors. Aubrey says: “A tongue-in-cheek statement, of course. Brexit uncertainty and global economic issues are two factors that perhaps make investment in commercial property a … Continue

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Budget 2018

The Chancellor introduced some significant new measures affecting both capital allowances and R&D tax incentives in the recent Budget. Capital allowances saw the bulk of the changes, with the main item being the introduction of a new Structures and Buildings Allowance (SBA) of 2% of construction cost per annum over 50 years, which provides relief … Continue

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An update on property tax reliefs: Irish Budget 2019

Senior consultant Phil O’Connor highlights in Insider Ireland’s Business Matters, that the main measures introduced in the Irish Budget 2019 include the roll out of previously announced accelerated capital allowances scheme for childcare and fitness facilities, and the re-introduction of 100% mortgage interest relief for residential landlords. Phil outlines a summary of the measures in … Continue

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How to get tax breaks for tenant fit-outs and why you should be wary of lease incentives

In this month’s Insider Ireland’s Business Matters, senior consultant Phil O’Connor highlights the tax breaks that are available for the majority of fit-out expenditure, which many occupiers of property are unaware of. Phil explains that Wear and Tear Allowances and Accelerated Capital Allowances are available for plant and machinery expenditure, and spend on energy efficient … Continue

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To depreciate or allow? That was the question!

Director Aubrey Calderwood has featured in Taxation magazine, where he discusses the recent Office of Tax Simplification consultation that concluded the capital allowances regime should be reformed rather than replaced by accounts depreciation. He says: “The OTS report on whether accounting depreciation or capital allowances should be the method for giving tax relief for tangible … Continue

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How tax incentives in Dublin and Belfast are feeding the hotel boom

Senior consultant Philip O’Connor writes in Insider Ireland’s Business Matters that in addition to positive market conditions, capital allowances in Dublin and Belfast are creating a strong hotel market that has led to numerous completed developments, with many more currently at planning and construction stages. He explains that positive market conditions in both cities, such … Continue

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Don’t risk losing out on a commercial property transaction

Appearing in Insider Ireland, senior consultant Stacey Ferguson outlines why seeing a capital allowances specialist from the beginning of a commercial property transaction is imperative to making sure you don’t miss out on valuable claims. Stacey explains: “It is imperative that appropriate action is taken at the earliest stages of a commercial property transaction to avoid … Continue

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R&D Tax Incentives Part Three: How to prepare a claim

There are two elements that make up a successful and robust claim: a technical narrative and detailed financial calculations. The purpose of which is to demonstrate to HMRC that the project undertaken meets the definition of R&D and includes qualifying costs with supporting evidence. Technical narrative The technical narrative should be written with input from … Continue

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Whether it’s a current investment project or you would like to discuss a historical review of expenditure, we can help.

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