Engineering or Architect tools, blueprint and building model on table in office Constructi

Independent Capital Allowances Advice

Technical excellence, practical experience and professional judgement

Chartered Surveyor (MRICS) | Taxation Technician (ATT - Fellow)

Why Furasta Consulting

Established in 2017, Furasta has spent a decade providing independent expert advice on capital allowances and related tax matters. We draw on over 25 years experience and are used to working seamlessly with finance, tax, legal, engineering and property teams to deliver excellent results.

We are trusted by accountants, tax advisers and major businesses in real estate, renewables, hospitality, leisure, retail and manufacturing throughout the UK to help them responsibly optimise the tax savings in their operational estate and deal activity. We have a proven track record of nationwide success and have completed a diverse range of projects ranging from a few hundred thousand to many hundreds of millions of pounds

Bryan is a Chartered Surveyor (MRICS) and Taxation Technician (ATT Fellow) with more than 25 years' experience advising on capital allowances and commercial property taxation.

He has led specialist capital allowances teams within international accountancy and surveying firms, advised on projects ranging from individual developments to multi-million infrastructure investments and continues to contribute to technical committees, publications and professional training.

His work combines technical analysis with practical commercial judgement to help clients reach robust, evidence-based decisions.

What clients say

“Bryan worked very closely with our engineering and finance teams gaining a strong understanding of the project expenditure and produced a very clear, concise Capital Allowances report and financial analysis which provided an audit trail back to the source data. Bryan is a very good communicator and Atlantis would not hesitate to use his services again or recommend him to other clients.”

SIMON HIRST
UK FINANCIAL CONTROLLER
SIMEC ATLANTIS ENERGY

Technical insights

Pre Construction Costs Tax Treatment Post Orsted

Capital investments, and particularly more complex investments, with greater upfront risk are likely to be most affected by the Orsted ruling with reduced qualifying costs for tax purposes. In this article we explore the tax implications of the ruling in detail.

Bryan Crawford

Jul 15

Supreme Court Reverses Orsted: A Final Narrowing of Pre-Construction Capital Allowances

The Supreme Court in Orsted v HMRC [UKSC 12] ruled that pre-construction environmental studies do not qualify for capital allowances. The Court established a narrow "close connection" test, holding that expenditure must be directly "on" the plant rather than merely "in connection with" it. Studies providing advice on how to choose or design plant are considered too remote and fall "well outside the limiting curve" of qualifying costs.

Bryan Crawford

Apr 15

Nuclear Reactors and a £2 Billion Tax Claim: Why This High-Stakes Battle Was Labelled ‘Standard’

The Tribunal refused the application, concluding that while the underlying tax dispute involving £2 billion in Research and Development (R&D) allowances for Hinkley Point C is undeniably complex, the specific appeal against the information notice did not meet the necessary threshold requirements.

Bryan Crawford

Mar 6

2 3 4 5

Contact

Independent Capital Allowances Advice

Why Furasta Consulting

What clients say

SIMON HIRST UK FINANCIAL CONTROLLER SIMEC ATLANTIS ENERGY

Technical insights

Pre Construction Costs Tax Treatment Post Orsted

Supreme Court Reverses Orsted: A Final Narrowing of Pre-Construction Capital Allowances

Nuclear Reactors and a £2 Billion Tax Claim: Why This High-Stakes Battle Was Labelled ‘Standard’

Lets discuss

SIMON HIRST
UK FINANCIAL CONTROLLER
SIMEC ATLANTIS ENERGY