Tax Case Summary: Drilling Global Consultant LLP v HMRC [2014] Release Date: 11 September 2014 Overview Whether an LLP, whose members are an individual and a limited company is a qualifying person entitled to claim the annual investment allowance (AIA)
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We are pleased to welcome Michael Edwards and Kirsty Palacci who joined in September. Michael has 15 years capital allowances experience within Valuation Office as internal specialist advisor to HMRC. Mike has a further 25 years experience as a
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Otto Schade has won the 2014 Lovell Consulting art prize. Ottos’ work is quite extensive and can be found around Shoreditch as street art. There are a series of 10 paintings with a consistent theme of challenging images of
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John Lovell's recent article in Tax Journal explaining the April 2014 fixtures rules Back to Basics
Read moreThe Budget on 19 March 2014 announced a number of capital allowances changes effective from April 2014. Annual Investment Allowance Increase in the annual investment allowance (AIA) to £500,000 from 1 April 2014 to 31 December 2015 when it will
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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.
Read morePlease see our commentary on changes to the rules for capital allowances on plant and machinery fixtures and the tax allowances changes announced in the Budget of 21 March 2012. 1. Capital allowances – Fixtures Based on the draft Finance Bill Clause and
Read moreSummary 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
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