Case Studies

Industrial Unit 1

  • Land Acquisition €125,000;
  • Con.struction Cost €3,800,000 ;
  • €677,000 plant and machinery allowances identified;
  • Total tax saving = €325,000

Bar/ Restaurant

  • £840,000 Refurbishment cost
  • £674,000 Plant & Machinery / Furniture & Fittings allowances identified
  • Total tax saving £135,000
  • Total tax saving in Year 1 £19,500

New Service Station

  • £1,006,000 construction cost (excluding shop fit-out / servives)
  • £380,000 Plant & Machinery allowances identified
  • Total tax saving £76,000
  • Total tax saving in Year 1 £13,000

Office Investment

  • Purchase Price:  £1.6 million;
  • £307,000 – Machinery & Plant allowances identified;
  • Tax saving in Year 1 = £23,000;
  • Total saving £92,000

Office / Warehouse Facility (Aircraft Components)

  • Purchase Price:  £2.9m.
  • High proportion of Office Accommodation and some warehouse storage space;
  • £716,000 Machinery and Plant Allowances identified and claim submitted;
  • Tax Refund £85,000;
  • Total saving £215,000

Nursing Home

  • Small extension to existing property – expenditure £220,000;  (Detailed cost information was not available, and the project was complex as the initial contractor had ceased trading during the project.)
  • Quantity Surveying Skills were therefore applied to the project and 1st cost estimates were prepared to breakdown the overall expenditure;
  • £89,000 machinery & plant allowances identified;
  • During the process it was established that no claim had been made on the existing Nursing Home:
    • Purchase Price: £395k
    • £92k capital allowances identified;
  • Tax saving in year 1 = £13,500;
  • Total tax saving = £54,300