What We Do
Pre-construction cost-coding design
We design the expenditure taxonomy before cost coding begins, so the project's cost records generate tax-ready data as the build progresses rather than requiring reconstruction after completion.
Completion and reconciliation studies
For projects at or near practical completion, a full analysis of the final account: asset-by-asset classification, capital allowance claims, and the supporting evidence schedules.
Retrospective reviews
Completed projects within the statutory review window frequently hold unclaimed or misclassified expenditure. We identify it, quantify it and prepare the revised positions.
Renovation and refurbishment (section 14N) optimisation
For hotel and portfolio refurbishments, where the commercial value lies in correctly distinguishing capped renovation expenditure from uncapped plant and machinery.
Land Intensification Allowance (LIA) advisory
Forward-looking LIA structuring: eligibility, ownership and user analysis, and application support: for industrial and logistics developments, alongside reviews of allowances on completed projects.
Pillar Two fixed-asset overlay
For groups within the global minimum tax, the same cost dataset that drives capital allowance claims also determines GloBE deferred-tax positions, the substance-based income exclusion and refundable-credit substantiation.
Incentive substantiation
Qualifying-expenditure analysis and documentation supporting Refundable Investment Credit claims in Singapore and incentive claims in Malaysia, prepared in the formats the administering agencies require.
Claims defence
Support through revenue-authority queries, audits and disputes, drawing on the evidence trail the study is built to create.
How We Work
We combine senior-led tax counsel with professional quantity surveying expertise, supported by proprietary research tooling.
Quantity Surveying Alliance
Every study is delivered in alliance with an international quantity surveying practice, pairing tax counsel-level analysis with construction cost expertise.
Senior-Led & Tooling-Enhanced
Engagements are senior-led from start to finish and enhanced by proprietary research tooling: no delegation of judgement, no reconstruction from summaries.
Review-Ready Deliverables
Deliverables are built to a consistent standard: a tax-tagged construction cost database, a category-by-category technical rationale, and evidence schedules designed to withstand review.
Singapore & Malaysia Coverage
For Malaysian projects, we work with a licensed Malaysian tax agent, extending the same methodology and cross-border Pillar Two analysis to regional developments.
Who We Act For
Owners, developers, operators and tenants of capital-intensive assets across Singapore and the Singapore-Johor corridor.
Data Centres & Digital Infrastructure
High M&E concentration, power infrastructure, backup generation, specialized cooling, and fit-out cost segregation.
Logistics & Industrial Facilities
Automated warehousing, cold chain storage, ramp-up facilities, and Land Intensification Allowance (LIA) claims.
Hotels & Integrated Resorts
Section 14N renovation optimisation, plant vs refurbishment segregation, and cyclical asset enhancement programs.
Advanced Manufacturing
Cleanrooms, specialised process utilities, heavy plant foundations, and Refundable Investment Credit substantiation.
Why It Matters Now
Three converging pressures have eliminated the viability of rough cost estimates and generic accounting splits.
The cost of a high-level approach has never been higher.
Substantive Legal Scrutiny
Singapore courts continue to treat the boundary between plant and building as a substantive legal question. Positions unsupported by engineering detail and documented case-law principles risk total disallowance under review.
Global Minimum Tax (Pillar Two)
The global minimum tax has made granular fixed-asset data a compliance requirement with fixed deadlines, not a planning refinement. GloBE deferred-tax positions and the substance-based income exclusion depend directly on fixed-asset accuracy.
Credit-Based Incentive Regimes
Incentive regimes on both sides of the causeway are shifting toward credit structures (such as Singapore's Refundable Investment Credit) that demand line-level expenditure substantiation in statutory formats.