Land Remediation and Capital Allowances claim on a £7m construction of a boutique hotel in Dorset

We optimised the tax relief on the project, identify that circa 85% of expenditure qualified for Capital Allowances & Land Remediation Tax Relief

captains club

Evaluate

This privately owned, newly-built boutique hotel (4 star plus) boasts superb conference and meeting facilities as well as a full service restaurant and luxury spa. The three-storey hotel complex comprises 29 rooms, split into 17 state rooms and 12 apartments / suites.

Evolve

E3 Consulting was appointed to optimise the property tax relief within this major new project. We undertook a site survey and reviewed the detailed ground investigation surveys, contract breakdowns and final accounts for the principal contractors and sub-contractors. 

Enhance

Expenditure qualifying for capital allowances included:

  • Plant & Machinery Allowances of circa £3.22m
  • Enhanced Capital Allowances of £18,000
  • Land Remediation Tax Relief in excess of £170,000
  • Hotel Allowances in excess of £3m.

Testimonial

Managing Director:

'We were extremely pleased with the results achieved by E3 Consulting’s team. They liaised directly with my finance colleagues and combined their analysis of the project cost records with a thorough site inspection to identify all of the appropriate asset expenditure attracting property taxation relief.'

Main Office: Peartree Business Centre, Cobham Road, Wimborne, Dorset, BH21 7PT - T: +44 (0) 345 230 6450

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