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< Case Studies Ty Carreg (Orbis Special Education and Care)

Background

Ty-Carreg is a specialist residential care facility, located in Aberthaw, South Wales. The 12-bedroom property is owned and managed by Orbis Education & Care and provides support for adults with complex needs associated with autism.


The purpose-built facility is arranged across a series of grade II listed stone barns and cow sheds. Converted to provide living accommodation and all the facilities required by Orbis’s residents, the property was designed and fitted out to a specification that meets the residents’ precise needs.

£1,900,000

Capital allowances uncovered

£379,000

Unlocked in total tax savings

Karl DeGelas, Group Financial Controller said . . .

“We have worked with HJR Tax over the past few years to help us optimise the tax relief on our investments in our education and care facilities. Their specialist knowledge and expertise has provided us with significant tax savings that we were not aware we could claim. We have been extremely happy with the level of service provided to us by HJR and would highly recommend that those in the education & care sector seek their advice.”

Overview of the claim

The facility was purpose built for Orbis by a developer. Orbis acquired the finished building from the developer. As Orbis paid a fixed sum for the property, there was no detailed breakdown of the cost of the fixtures purchased with the building, that would qualify for capital allowances.

Working alongside Orbis’s accountants, HJR Tax prepared a detailed capital allowances valuation report that was submitted to HMRC in support of the claim to tax relief.

Qualifying items

The Capital Allowances survey identified qualifying items such as telecommunications, fitted furniture and fittings, ironmongery, and disposable installations, and special rate expenditure such as electrical, heating, ventilation and hot and cold water systems.
Our in-house surveyors and capital allowances specialists were able to calculate the value of the qualifying fixtures acquired with the building, securing almost £2m in unclaimed capital allowances.