Build to rent construction works

Our family office client incurred £4.4m over seven periods to redevelop two of their existing properties into mixed use, build to rent properties in Central London. 

Tallex worked alongside the client’s accountant to review seven years of accounts, tax returns and underlying invoices, considering the residential restriction for capital allowances claims, applying a bespoke methodology for the client’s claim and fully analysing the £4.4m incurred. 

Our service provided the client with a £138,000 tax rebate for overpaid corporation tax, and will provide additional tax savings over time of around £60,000.