Technical Resources

Capital Allowances vs Tax Depreciation: What’s the Difference?

If you own or invest in commercial property in the UK, you’ve likely encountered the terms capital allowances vs tax depreciation when discussing tax relief on property assets. They are often mentioned together, yet they are not the same thing. In fact, understanding the difference between them can significantly affect how much tax your business […]

Wind Farm: Capital Allowances Case

Wind Farm: Capital Allowances Case – Supreme Court Judgment of Orsted West of Duddon
Sands V HMRC (Gunfleet Sands)

On 15 April 2026, The Supreme Court ruled unanimously in favour of HMRC’s appeal against
the Court of Appeal’s decision that all environmental surveys and studies qualified for plant
and machinery allowances. The Supreme Court’s reasoning […]

Property Investors Guide to Capital Allowances 2026

A Complete Guide to Capital Allowances for Property Investors in 2026

Why capital allowances matter in 2026

Capital allowances are one of the most powerful (yet consistently underutilised) tax reliefs available to UK property investors. In 2026, as investors navigate higher borrowing costs and increased scrutiny from HMRC, capital allowances have moved from being a […]

Autumn Budget: Capital Allowances

New first-year allowance and main rate of writing-down allowances

https://www.gov.uk/government/publications/new-first-year-allowance-and-main-rate-of-writing-down-allowances

Capital Allowances – Construction of Quay Walls

First Tier Tribunal Decision – Capital Allowances tax case regarding the construction of Quay Walls

The First Tier Tribunal (FTT) has published its decision on the case of The Mersey Docks and Harbour Company Limited (Mersey Docks) V HMRC.

It concluded that the expenditure incurred on the construction of the quay wall in this instance did […]