Veritas Advisory’s capability and current experience extends from advising on property portfolios valued in excess of £2bn to single asset expenditure of £50,000, ranging from technical due diligence to full claim production.
With increasingly complex legislation we acknowledge clients and their advisors require high level Director advice, often at short notice, at all stages of a development or transaction.
We currently advise and work with funds, UK and Overseas investors, corporates, individuals, private equity firms, tenants, lawyers, investment agents, accountants and quantity surveying firms.
Initial desktop reviews on legal entitlement to claim and estimates of tangible savings are undertaken at no cost by one of our Directors in a timely manner to meet the client requirements and establish the potential benefit of claiming.
We are specialist Capital Allowances advisors offering a tailored service from tax planning through to claim submission and agreement and negotiation with HMRC to due diligence on acquisitions, cash flow saving forecasts for investment agents, cost plan estimates for quantity surveyors, CPSE service to lawyers and creation of new efficient Capital Allowances automated systems to suit client reporting requirements.
10 Bloomsbury Way, London WC1A 2SL
Clive currently acts for a variety of property investors as well as corporate clients on all types of property, from data centres and dairy factories, to football stadia and student accommodation, as well as the more typical commercial property.
With over 25 years of experience, Clive has successfully created asset allocation guides for clients, to be used by both tax and non-tax specialist users to correctly depreciate property assets. His extensive experience negotiating with HMRC and understanding claims and their scrutiny by HMRC is key to maximising claims on behalf of clients.
He has also been involved with the tax depreciation systems employed by many countries around the world, liaising with local tax consultants to formulate policy for companies that operate in many countries.
Clive also currently advises the Royal Institution of Chartered Surveyor on the guides to be becoming a Chartered Taxation Surveyor, as well as assessing and chairing the panel for the assessment of professional competence.
David has advised on Capital Allowances since 2000 covering property developments and acquisitions across all sectors with particular emphasis on medical, industrial, office, hotels and portfolio reviews.
Projects advised on range from £300m single asset acquisitions and £1bn portfolios on behalf of institutions, REITS, private equity firms and overseas investors to £50,000 refurbishments on behalf of an individual investor.
David’s specialism is creating innovative ways to improve efficiencies in the claim process to meet tight client deadlines and improve future capital allowances reporting to HMRC.
He developed the first Capital Allowances document in the country to fulfil the clients reporting requirements within an Authorised Contractual Scheme (ACS), taking into account all new property additions, disposals and future capex spends on a daily basis for each unit holder.
David regularly presents on Capital Allowances at the RICS and in-house to lawyers, Jersey Trusts, investment agents and clients. He is also in regular contact with HMRC on current and future legislation changes and issues.
Nolan qualified as a Chartered Quantity Surveyor, before joining Deloitte’s real estate team and became tax trained, before specialising in Capital Allowances. Nolan now has over 20 years of experience advising clients on all aspects of Capital Allowances.
Over that time, Nolan has worked with a varied client base, responsible for delivering millions of pounds of tax relief across a full spectrum of projects including advising on two of the largest shopping centre transactions and providing advice across a £300m property portfolio, which in both cases led to significant tax savings being generated for both offshore vehicles.
One of Nolan’s key approaches is to emphasise the importance of considering early tax planning on both developments and acquisitions, often working with lawyers and clients on developing strategies to secure the best Capital Allowances position available.