Lovell Consulting’s complimentary webinar outlines tax refunds available by reviewing historical construction expenditure and commercial property purchases. To subscribe click here
LONDON LUTON BPRA POPERTY FUND LLP V THE COMMISSIONERS FOR HMRC
Following the decision reached by the First Tier Tribunal (FTT) that a significant amount of costs incurred by London Luton BPRA Property Fund LLP (Fund) to OVL (developer) ‘in connection with’ the conversion of a disused flight training centre into a hotel qualified for BPRA, […]
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Our latest webinar recording is available to watch below. Our webinar outlines tax refunds available by reviewing historical construction expenditure and commercial property purchases and the relaxation to apply Super capital allowances to property companies https://www.youtube.com/watch?v=dH_0uAqMgEk
To register for this webinar, please use the link https://lovell-consulting.webinargeek.com/squeeze-the-tax-savings-with-capital-allowances-1
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
To view the preview video and subscribe to Lexis Nexis Webinars please click here
Read moreOverview
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 […]
Read moreOur 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 […]
Read moreA 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
