INDEPENDENT CAPITAL ALLOWANCES VALUERS

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Interview: A Little Capital Allowances Knowledge Can Be Dangerous

By : February 2, 2017 Comments Off on Interview: A Little Capital Allowances Knowledge Can Be Dangerous

e have come across a number of situations where non-specialist solicitors, accountants and tax advisers have not recognised that a little knowledge can be a dangerous thing. This interview with former Valuation Office Agency (VOA) specialist Michael Edwards highlights the importance of considering Capital Allowances early in Commercial Property transactions.

Michael joined Lovell Consulting after 15 […]

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Capital Allowances Case Summary: Bowerswood House Retirement Home

By : April 20, 2015 Comments Off on Capital Allowances Case Summary: Bowerswood House Retirement Home

Capital Allowances Case Summary: Bowerswood House Retirement Home v HMRC [2015]

Release Date: 26 January 2015

Overview 

Whether a swimming pool enclosure is plant and the appropriate basis of apportioning the purchase price to qualifying plant and machinery for capital allowances purposes.

The FTT found the enclosure was not plant. They also found the apportionment formula is a […]

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