Senior Team Members
Ben de Waal
BSc, MRICS, DipPropInvest
Ben is a Director and owner of The Fiscal Incentives Group having previously been a director at AECOM with overall responsibility for the company’s residential sector in the UK. He commenced his career in tax incentives with Crosher & James in 1995 before they were acquired by Davis Langdon in 2000. He became equity partner in 2002 and remained so until they were acquired by AECOM in 2010.
Ben is a Chartered Quantity Surveyor specialising in tax incentives and has been advising clients on capital allowances since 1995. He set up a new team in 2001 to respond to the new land remediation relief legislation and continues to help clients benefit from tax incentives by combining his specialist knowledge in tax with an in depth knowledge of the construction industry.
He is also actively involved in lobbying for new tax incentives with a current focus on the development of a new building allowance for the Private Rental Sector; incentives to encourage modern methods of construction in the development of housing as well as on-going work to improve the effectiveness of the land remediation relief legislation.
Ben is a keen runner and racket ball player but is burdened with a love of Aston Villa!
BSc, MRICS, DipPropInvest
Richard leads The Fiscal Incentives Group’s Capital Allowances services. He joined the team in late 2019 having spent the previous 17 years leading PwC’s specialist tax depreciation team in the firm’s London Deals team.
Richard’s technical expertise includes transaction planning and due diligence, cost segregation analysis, real estate appraisal and fixed asset reporting systems, processes and regulatory compliance. He is experienced in advising across the full project life cycle, from site acquisition through to construction, operation and disposal.
His principle focus is on identifying opportunities to reduce cash tax liabilities to help improve returns for investors and cash management for operators and occupiers. He has been called on regularly to identify and mitigate risks in regulatory compliance and property transactions, and to represent clients in negotiations with tax authorities and other enterprise agencies across all industry sectors.
Richard has advised clients on process improvement in the analysis of property expenditure for fixed asset reporting purposes, using tax technology solutions to implement significant time and cost reductions through automatic and consistent reconciliation to financial statements, mitigating both operating and compliance risks.
Richard is a late convert to and an advocate of yoga. But he’s not taken to chanting yet.
BSc (Hons), MCIOB
Thomas is an Associate at The Fiscal Incentives Group advising on tax reliefs within the construction industry. From 2007-2015 he worked at AECOM within the consulting team advising clients on Land Remediation Relief. Thomas is a Chartered Construction Manager and primarily advises on tax incentives which include Capital Allowances and Land Remediation Relief.
Thomas acts as client manager for a number of key clients including national housebuilders, regeneration specialists, commercial developers and investors. He has responsibility for the efficiency of our internal systems and software. He also plays a key role in driving greater efficiencies into the way we engage with our clients.
Thomas has a degree in Building Surveying and is a member of the Chartered Institute of Builders. He has previously authored articles for Environmental Industries Commission.
Thomas is a member of a local racket club and enjoys golf (only in fair to good weather)!
Alun is an associate at The Fiscal Incentives Group having previously worked at AECOM in the Banking, Tax and Finance team advising clients exclusively on Land Remediation Relief since 2007. He formerly worked within the Building Consultancy and Social Housing sectors.
Alun is responsible for quality management and has a key role in leading on technical excellence. He manages the annual Land Remediation Relief claims for some of our key clients and was previously involved in the historic reviews for two top 10 national housebuilders.
Alun has a degree in Building Surveying and has a Post Graduate Certificate in Law for the Built Environment. He has delivered a programme of CPD seminars for the RICS on Land Remediation Relief and has authored articles for Taxation on the subject too.
Alun enjoys several outdoor pursuits, especially cycling, and is an avid Welsh rugby fan.
Nathan is an Associate at The Fiscal Incentives Group having previously trained as a Quantity Surveyor before moving into the field of Property Tax in 2001. He worked at AECOM in the Banking, Tax and Finance team for 15 years advising clients exclusively on Capital Allowances.
Nathan has extensive experience in managing and preparing claims for Capital Allowances on a varied range of projects including office, industrial, retail, hotel, sports stadia and healthcare properties. He has provided tax depreciation analysis and planning advice to both corporate and private clients on fiscal allowances in relation to property and plant and machinery.
He specialises in large complex projects, including the management, preparation and subsequent HMRC negotiations for the £1 billion redevelopment of Liverpool City Centre now known as Liverpool One.
With three young children his spare time is limited but he does enjoy watching live music, following Wolverhampton Wanderers and is also a keen member of a local rackets club.
Robert is an Associate at The Fiscal Incentives Group and is a Chartered Quantity Surveyor who has formerly worked at the tax team with EC Harris. He previously spent two years establishing and developing the Capital Allowances service offering at an independent insurance and taxation solutions provider. Prior to that he spent 15 years working in the Banking Tax and Finance team at Davis Langdon (AECOM).
Robert is primarily involved in the preparation, delivery and negotiation of capital allowances claims for expenditure incurred on property acquisitions, new developments and refurbishment/ fit out works. He specialises in Enhanced Capital Allowances and has also advised clients on land remediation relief. He has advised clients of various sizes from small business owners to FT100 companies.
He has published several technical articles and leads a number of our strategic partnerships with our professional services partners.
In his spare time he enjoys seeing live music, watching Birmingham City and spending time renovating his house.