Additional claim after free Tallex healthcheck
Client expenditure:
£18m
Allowances:
£5.8m over and above existing claims
Tax saving:
£1.45m on money already spent
Our family office client spent £18m on the phased construction of an industrial estate near Warwick, developing the site over 15 years.
Tallex provided a Free Healthcheck of the client’s capital allowances claims and identified large elements of overlooked expenditure. We reanalysed all £18m of expenditure, surveyed the site, reviewed 15 years of invoices, accounts and builder’s breakdowns to identify additional allowances over and above the accountant’s existing claim.
Our service provided an immediate £190,000 corporation tax rebate for the client, and tax savings over time of £1.26m.
“The claim process was completed with the utmost efficiency by Tallex, without any inconvenience to us. They have a meticulous approach, and we had a very favourable result.”
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