In this webinar, specialist speakers John Lovell and Kirsty Palacci will provide a masterclass in capital allowances.
The Webinar will cover:
Capital allowances in contextChanges in the 2021 BudgetSuper capital allowancesConstruction/Expenditure ClaimsPurchased Properties ClaimsFreeportsCommon misconceptionsStructures and Buildings Allowance
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Overview
The First-tier Tribunal (FTT) and Upper Tribunal (UT) both found in favour of HMRC in denying Inmarsat Global Limited capital allowances on the launch costs of six leased satellites during the 1990s. Inmarsat had succeeded the trade of The International Maritime Satellite Organisation (IMSO), who had initially incurred the launch costs. Inmarsat deemed a sale […]
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To register for this webinar, please use the link https://lovell-consulting.webinargeek.com/tax
Our latest webinar recording is available to watch below. Our webinar outlines tax refunds available by reviewing historical construction expenditure and commercial property purchases. It includes analysis and case studies of new Super capital allowances and changes Budget 2021 https://www.youtube.com/watch?v=UNV2CtkZ7PQ&t=109s
Great news for Property companies.
Super capital allowances have been extended to Property companies. A late amendment was issued to Finance Bill 2021 as link below. This is positive as they were previously going to be denied allowances apart from to shared communal areas. It arises from an amendment to Finance Bill 2021. It removes the […]
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To register for this webinar, please use the link https://lovell-consulting.webinargeek.com/squeeze-the-tax-savings-with-capital-allowances
A recent case heard by the Upper Tier Tribunal (UTT) follows a trend of capital allowances claims being taken to Court where the disagreement between taxpayers and HMRC revolves around what is deemed to be plant (and so qualifies for plant and machinery allowances) as opposed to premises (so does not).
Cheshire Cavity Storage 1 Limited […]
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Our latest webinar recording is now available. It outlines tax refunds available by reviewing historical construction expenditure and commercial property purchases. It includes analysis and case studies of new Super capital allowances and changes Budget 2021 https://www.youtube.com/watch?v=Jr_mbDS2Jzg
The Chancellor, Rishi Sunak’s budget announcement should help turbo-charge capital investments in the UK with new super capital allowances costed at £29bn over the next 4 years. The extension of loss relief carry-back to 3 years is also positive and makes claiming capital allowances a potent tool in reducing corporation tax and triggering repayments of […]
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This virtual classroom session aims to provide you with a good understanding of the key issues for claiming allowances on hotel properties and office buildings for the buying, selling, refurbishing and constructing of space based on case studies and examples of best practice including the recently introduced structures and buildings allowances.
Find out how to maximise […]
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