CRC V Altrad Services Ltd and Robert Wiseman and Sons Ltd, Court of Appeal, 28 June 2024
The Court of Appeal’s decision on 28 June 2024, in the case of CRC v. Altrad Services Ltd and Robert Wiseman and Sons Ltd, involved the application of capital allowances in the context of tax law. Here are the […]
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Introduction
The session will cover the new 100% full expensing and 130% super deduction and include examples and guidance as set out in the HMRC Capital Allowances Manual.
Furthermore, there will be a recap on the significant changes to the capital allowances regime since April 2014 in relation to buying and selling commercial properties. Without clear and […]
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Introduction
Never have capital allowances been so front and centre of the Government’s drive to encourage investment.
This webinar will outline the implications for capital allowances following the Finance Act 2024. This will include a focus on the 100% full expensing, 130% super deduction and the 50% first year allowance as well as the designated Freeports with […]
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Lovell Consulting’s complimentary capital allowances update webinar outlines tax savings available by reviewing current and historical construction expenditure and commercial property purchases. To watch the recording click here.
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Capital Allowances for Construction & Property Expenditure – Practical Guidance & Update
Introduction
Capital allowances have become a major driver in the UK’s recovery allowances and been so front and centre of the Government’s drive to encourage investment, particularly in light of higher 25% corporation tax.
This webinar will provide you with a better understanding of how to […]
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Transitioning Rules from Super Deductions to Full Expensing – Accounting Periods Straddling 31 March 2023
The 2 year window for claiming the 130% Super Deduction for general rate plant and machinery expired on the 31 March 2023 and was replaced by 100% Full Expensing.
Companies finalising their tax returns that do not have a 31 March 2023 […]
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Lovell Consulting’s complimentary capital allowances update webinar outlines tax savings available by reviewing current and historical construction expenditure and commercial property purchases. To subscribe click here
First Tier Tribunal Decision – Capital Allowances Tax Case Regarding Camping Pods
The First Tier Tribunal (FTT) has published its decision on the case of Acorn Venture Limited v HMRC [2023] UKFTT 995 (TC).
It concluded that camping pods used by school children as part of school residential adventure holidays did qualify as plant and machinery allowances. […]
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GUNFLEET SANDS LTD V HMRC [2023] UKUT 260(TCC) 26 OCTOBER 2023
The Upper Tribunal (UT) recently considered a case that earlier in the year had been heard before the First Tier Tribunal (FTT) – a case that involved the construction of offshore windfarms at various locations around the UK coastline for a taxpayer with a trade […]
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Occupiers of office buildings can claim substantial capital allowances but this opportunity is often missed or only partial allowances are claimed. We can work with you to maximise the available allowances either by working alongside your tax advisors or introducing a capital allowances specialist firm.
Case Study: Office Fit out
A tenant carries out a fit […]
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