INDEPENDENT CAPITAL ALLOWANCES SPECIALISTS

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Capital Allowances Case Update – The Granleys

By : February 14, 2014 Comments Off on Capital Allowances Case Update – The Granleys

A recent capital allowances decision highlights the importance of establishing the tax history for purchased properties The Granleys v Commissioners for HMRC (TC01231). It also demonstrates the need to use capital allowances specialists with experience in both tax and surveying.

Background

The Granleys, a partnership, acquired a care home in December 2003 for £650,001.
Within […]

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Capital Allowances Case Update – Wetherspoon

By : January 20, 2012 Comments Off on Capital Allowances Case Update – Wetherspoon

Summary of J D Wetherspoon Upper Tribunal – January 2012

 

The Upper Tribunal published a decision on 31 January 2012 in relation to the fit out of J D Wetherspoon (JDW) pubs. This follows on from the First Tier Tribunal’s decision published in December 2009 and the original Special Commissioner’s decision in December 2007. The […]

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