OTS Review on Capital Allowances and Accounts Depreciation

By : Julie Davies October 12, 2017 Comments Off

John Lovell is interviewed by Lexis Nexis: 4 October 2017

First published by Lexis Nexis

John Lovell, Managing Director at capital allowances specialists Lovell Consulting, outlines the recent review by the Office of Tax Simplification (OTS) regarding replacing capital allowances with accounts depreciation. He explains that while there are […]

Capital Allowances within Childcare Facilities & Schools

By : Julie Davies March 29, 2016 Comments Off

Nurseries have substantial imbedded plant and machinery (P&M) items and repairs. However the less obvious items often get overlooked by accountants, surveyors and tax advisors.

Why does this happen?

There are many obvious items of plant such as loose furniture and fittings which accountants can easily identify and segregate to allowances. However there are additional imbedded trade related items […]

plant and machinery allowances

OTS Review on Capital Allowances and Accounts Depreciation

Capital Allowances within Childcare Facilities & Schools