Unlocking Capital Allowances with John Lovell
In this episode of Growth Unlock, Marcel interviews John Lovell, Managing Director of Lovell Consulting, a specialist in capital allowances.
Avoiding Blunders: Capital Allowances Webinar
Lovell Consulting’s complimentary Capital Allowances Avoiding Blunders webinar outlines tax savings available by reviewing current and historical construction expenditure and commercial property purchases. To subscribe click here
Webinar Recording – Super Capital Allowances
Our 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
Webinar Recording
Super Capital Allowances Budget 2021
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
Definition of what Constitutes Qualifying Expenditure for BPRA Claims
By : Julie Davies
May 9, 2019
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LONDON LUTON HOTEL BPRA PROPERTY FUND LLP V THE COMMISSIONERS FOR HMRC
FIRST TIER TRIBUNAL TAX CHAMBER
This is a significant case heard by the First Tier Tribunal
(FTT) concerning a BPRA claim and the definition of qualifying expenditure ‘on
or in connection with’. HMRC have
typically considered that BPRA claims often include items of expenditure that
they deem […]
The Lazarus Impact – Making Very Late Capital Allowances Claims
By : Julie Davies
July 5, 2018
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A pub company has succeeded in making a very late capital allowances claim. The First Tier Tax Tribunal has decided that there really is life after death and in the case of Dundas Heritable v HMRC (2018) where a late claim made for capital allowances has been allowed despite normal time limits not being followed.
The […]
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Capital Allowances on Commercial Property | Lovell Consulting
By : Julie Davies
December 19, 2017
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What are Capital Allowances?
Capital allowances (CAs) are a form of UK tax relief for businesses that incur qualifying capital expenditure on their commercial properties for use as part of their trade. Qualifying capital expenditure includes but is not limited to plant, machinery and business vehicles, in which the costs of assets may be eligible to […]
Read more20 Years of Capital Allowances
Lovell Consulting are celebrating providing 20 years of capital allowances advise.
Read morePension Funds and Capital Allowances Interactions
There is a commonly held view that as UK pension funds are tax exempt they are unable to benefit from the tax savings arising from capital allowances. For this reason capital allowances have generally been ignored by pension entities. There is also some confusion with property lawyers and advisors in this area and this article […]
Read moreCapital Allowances, Corporation Tax Loss Relief & Interest Deductions – Act Now
By : Julie Davies
March 1, 2017
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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 […]
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