Capital Allowances claim on the purchase and refurbishment of a Furnished Holiday Letting in Wales

We were able to enhance the value of the client’s Capital Allowances, saving them £85,000 on their tax bill over time.

FHL Wales


Purchase of a spacious detached house built in the 1930's and fully refurbished to an extremely high standard Furnished Holiday Letting in Saundersfoot, Pembrokeshire.


Following a complimentary Property HealthCheck, the owners appointed E3 Consulting to assess the capital allowances tax relief potentially available in respect to the purchase and subsequent refurbishment works - 7 years after completion, having been overlooked by their Big 4 accountants.


Tax relief identified:

  • Plant and machinery allowances circa £50,000
  • Repairs & maintenance expenditure circa £35,000



“The tax savings E3 Consulting achieved will be hugely helpful in offsetting our capital expenditure costs. E3 were efficient and always helpful. They obviously had extensive specialist knowledge in this area. Their report was clear, professional and well presented. It has been a pleasure working with them.”


Main Office: Peartree Business Centre, Cobham Road, Wimborne, Dorset, BH21 7PT - T: +44 (0) 345 230 6450

Website by: Wholething