INDEPENDENT CAPITAL ALLOWANCES VALUERS

Capital Allowances and Demountable Partitions; To Move or Not to Move?

By : March 21, 2017 Comments Off on Capital Allowances and Demountable Partitions; To Move or Not to Move?

It is no secret that claiming Capital Allowances on plant and machinery expenditure can be a complicated business. While claiming allowances on business equipment such as computers and chairs is straightforward, fully maximising a Capital Allowances claim on fit outs and property purchases is fraught with complexities.

Even seemingly the most basic question doesn’t have a […]

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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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