Capital Allowances, Corporation Tax Loss Relief & Interest Deductions – Act Now

By : Julie Davies March 1, 2017 Comments Off

SERIOUS IMPLICATIONS FOR PRIVATE EQUITY BUSINESSES AND PROPERTY COMPANIES

Capital allowances are available to companies when they incur expenditure on buying, building or refurbishing commercial property and the tax benefits can be significant. It is a non-contentious way of reducing a tax bill but in our experience is frequently overlooked by companies – either due to […]

Corporation Tax Loss Relief & Interest Deductions: Capital Allowances

By : Julie Davies February 22, 2017 Comments Off

Capital allowances specialists Lovell Consulting are finding relatively few property companies and private equity businesses are alert to these fundamental changes which will apply from 1 April 2017, not least because the 90 pages of complex legislation was only published on 26 January 2017. John Lovell, MD of Lovell Consulting, advises clients need to be […]

Fundamental Changes to Interest Deductions & Impact for Capital Allowances

By : Julie Davies April 20, 2016 Comments Off

An extra £10bn capital allowances will need to be identified each year to mitigate the restrictions on tax relief for bank interest and carried forwards tax losses. Few companies, particularly in the property sector are aware of this fundamental change to UK taxation.

In the current season of Panamania with the attention on tax havens, avoidance […]

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Capital Allowances, Corporation Tax Loss Relief & Interest Deductions – Act Now

Corporation Tax Loss Relief & Interest Deductions: Capital Allowances

Fundamental Changes to Interest Deductions & Impact for Capital Allowances