Tax depreciation is an increasingly complex area of UK taxation with frequent changes to the legislation and taxpayer cases heard through the court system. Alongside this is the trend towards digitisation of finance and tax, presenting new challenges for businesses and the in-house tax function.
The tax depreciation team at FTI Consulting is recognised as a leader in its field. Our independent experts have a long history and track record of delivering tangible savings and benefits for clients, that are cost effective and delivered on time through a commercial mindset. High quality client service forms the foundation of our approach with our senior team of experts performing a hands-on role in all aspects of an engagement.
Our experts include individuals with over 25 years of experience who provide bespoke advice on both simple and complex transactions. The team has a broad range of tax, technology, and construction experience and includes dual qualified Chartered Tax Advisors, Chartered Quantity Surveyors and Chartered Accountants.
We leverage the advanced intelligence and analytics capabilities of our Tax Technology team, providing clients with innovative solutions designed to build efficiencies, reduce risk and future proof processes. We act for a diverse range of clients including FTSE 100 and FTSE 250 corporations, institutional investors and asset managers, private property companies, and family offices.
How We Help
Some of the areas in which our Tax Depreciation team can help include:
- Specialist Advisory: Real estate transaction advice, tax technical opinions, and surveying expertise including building replacement cost estimates and land valuations for tax purposes.
- Automation and digital services: We partner with our Tax Technology team to provide tailored solutions to support in-house tax functions manage capital allowances. We are technology agnostic enabling us to provide an independent opinion on the most effective technology solution to bring efficiencies, reduce risk and future proof existing processes.
- Fixed Asset Process Improvement: Design, implementation, and training for end-to-end fixed asset processes, ERP transitions, and value-add upgrades following legislative change.
- Compliance: We work alongside FTI Consulting’s Corporate Tax Compliance team and third-party tax advisors. In addition to preparing capital allowances claims to file with company tax returns, our services include tax forecasting, claim preparation, and strategic tax planning.