Case Studies & Testimonials
We’ve supported many clients with capital allowances claims for their spend on equipment and buildings.
Here are some recent examples of our work:
Major Office Refurbishment
Client Expenditure: £7m
Allowances: £6.5m
Tax Saving: £1.625m over time
Our real estate investor client carried out an extensive refurbishment and Cat A fit out of their existing London office building.
Tallex provided our New Expenditure Review Service, surveying the property, gathering the client’s accounts, invoices and builder’s breakdowns to analysis and provide a detailed capital allowances report.
Our service and report will provide the client tax savings of £1.625m over time. Our client is also considering selling the property, and we have discussed the ability to retain allowances or pass them to the Buyer.
Hotel Construction Project
Client Expenditure: £11.8m
Plant and Machinery Allowances: £5.5m
Tax Saving: £1.375m over time
Our hotel operator client, with a portfolio of hotels in Kent & Surrey, acquired land in Ashford, Kent and built this new Hampton by Hilton hotel for £11.8m.
Tallex provided our New Expenditure Review Service, surveying the property, gathering the client’s accounts, invoices and builder’s breakdowns to analysis and provide a detailed capital allowances report.
Our service and report will provide the client tax savings of £1.375m over time.
Our client commented on our service: ‘From the moment we engaged with Tallex, they took the time to explain the capital allowances claim process and ensured it was a straightforward and simple process to go through. Their proactive approach and attention to detail ensured we achieved significant allowances against our tax liabilities. We highly recommend their services.’
Tenant Contribution
Client Expenditure: £500,000
Allowances: £500,000
Tax Saving: £125,000 over time
Our Landlord client was in leasehold negotiations with a tenant and was discussing various lease incentives such as rent-free periods and contributions.
Tallex provided advice on contribution allowances to the Landlord and negotiated the position with the tenant who agreed to this form of inducement.
We supported in the drafting of the agreement for lease and lease documents with the solicitors and facilitated the contribution allowances claim. We reviewed the tenant’s fit out information and invoices, carrying out a survey of the office space after these works and providing a contribution allowances report.
Our service and report will provide the client tax savings of £125,000 over time.
Industrial Unit Construction Project
Client Expenditure: £3.2m
Allowances: £2.975m
Tax Saving: £742,500 over time
Another of our real estate investor clients, who acquired land in North London and built this new industrial unit for £3.2m.
Tallex again provided our New Expenditure Review Service, surveying the property, gathering the client’s accounts, invoices and builder’s breakdowns to analysis and provide a detailed capital allowances report.
Our service and report will provide the client tax savings of £742,500 over time.
Industrial Units Purchase
Client Expenditure: £3.9m
Allowances: £360,000
Tax Saving: £90,000 over time
Our trading business client operated from four acquired units on this trading estate in London and held two other units on the same estate for rental income purposes. The units were purchased between 2006 and 2022.
Tallex provided our Property Purchase Review Service, confirming our client’s entitlement to claim for each of the units. Unfortunately, not all could be claimed upon due to Prior Owner claims, but our survey, valuation and due diligence work resulted in £360,000 of allowances being identified for the total £3.9m purchase price on the site by our client.
Our service and report will provide the client tax savings of £90,000 over time.
