INDEPENDENT CAPITAL ALLOWANCES VALUERS

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Capital Allowances Case: Update on SSE Generation Limited v The Commissioners for HMRC

PLANT AND MACHINERY IN A CIVIL ENGINEERING CONTEXT      

The long running dispute between the taxpayer (SSE Generation Limited) and HMRC in relation to what constitutes plant in the context of a hydroelectric power plant and civil engineering project has reached a conclusion in the Court of Appeal. 

The case had previously been heard through the First […]

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Artful Plant: When Capital Allowances may be Claimed on a Painting

By : June 8, 2016 Comments Off on Artful Plant: When Capital Allowances may be Claimed on a Painting

In 1776 Sir Joshua Reynolds painted a portrait later purchased by the 5th Earl of Carlisle.  The painting was taken for display at the family seat at Castle Howard in Yorkshire where for the next 200 years it remained until being sold for over £9m in 2001 on behalf of the late Lord Howard.

The recent […]

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