Case Study 2 - Office Portfolio


Opportunity
Approached by a property investor's accountant to assist them in identifying and assessing the capital allowances on the client's historic commercial property portfolio with
a mixture of second hand acquisitions and capital expenditure projects. Total expenditure on portfolio was £4,000,000.
 
Solution
All available information gathered from accountant and client. Initial report and proposal produced detailing
issues to be considered, estimate of capital allowances, net tax saving and our professional fees to offer maximum return on investment. Following appointment £1,000,000 of capital allowances were identified from the portfolio.
 
Saving

£100,000 First year net tax saving
at 40% higher rate income tax


£400,000 Total lifetime net tax saving
at 40% higher rate income tax


Our professional fees less than 50% of
the first year tax saving