George Town · Cayman Islands
Downtown Reach, Phase 2B
Phase 2B of the Downtown Reach residential scheme in George Town, comprising 14 units, fully leased following completion.
Valuation & Advisory
The relief is in the detail of the building. Somebody has to measure it.
Capital allowances consultancy identifies the expenditure within a property purchase, construction or refurbishment that qualifies for tax relief, and evidences it to the standard a tax authority requires. Nautic carries out the surveying and cost analysis behind a claim: inspecting the asset, measuring and apportioning the expenditure, and producing the detailed schedule your tax adviser relies on.
A capital allowances claim is a construction cost exercise before it is a tax exercise. The qualifying items are embedded in the fabric of the building, services, fit-out, external works, and separating them credibly requires measurement, cost analysis and an evidenced apportionment. That is surveying work, and it is where claims succeed or fail.
What we deliver
Apportioning a purchase price across land, buildings and qualifying plant on a measured basis.
Cost analysis of construction expenditure to isolate qualifying items.
Physical inspection and recording of the plant and machinery actually present.
Schedules and supporting evidence in the format your tax adviser and the authority expect.
Review of past projects where qualifying expenditure may not have been identified.
Working alongside your accountant or tax counsel, who lead on the tax position itself.
Working with Nautic
Related experience
George Town · Cayman Islands
Phase 2B of the Downtown Reach residential scheme in George Town, comprising 14 units, fully leased following completion.
Dublin · Ireland
Refurbishment of Runway 16/34 at Dublin Airport, airside work carried out around a live operational airfield.
Skerries, County Dublin · Ireland
A €13 million, 123-bed nursing home on a 4.5-hectare site in Skerries, County Dublin, completed in 2019.
Projects marked “team experience” were delivered by members of the Nautic team while working at previous firms and were delivered at previous firms.
FAQ
No. We are chartered surveyors, not tax advisers. We provide the survey, measurement, cost analysis and evidence; your accountant or tax counsel determines and files the tax position.
Any significant acquisition, construction or refurbishment, particularly where services-heavy uses are involved, hospitality, healthcare, offices and retail typically hold more qualifying expenditure than plain warehousing.
Often yes, depending on the jurisdiction and the rules that apply. We can carry out the survey and analysis; your tax adviser will confirm what remains claimable.
Get in touch
A valuation, a claim that needs adjusting, a project that needs costing, or a strata that needs running properly. Start with a conversation, quotes are free.