Case Study 3 - Retail Portfolio


Opportunity
Client's accountant highlighted the client's acquisitions over the previous year. Total expenditure on the portfolio for the year under consideration was £75,000,000.
 
Solution
Collation of the required legal and accounting information was carried out. On site surveys and detailed analysis of each property were required to prepare the detailed schedule for the accountant. £5,500,000 of capital allowances were identified from the portfolio.
 
Saving

£400,000 First year net tax saving
at 30% corporation tax


£1,550,000 Total lifetime net tax
saving taking 28% corporation tax


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