INDEPENDENT CAPITAL ALLOWANCES SPECIALISTS

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Resolving Capital Allowances Figures where Buyer and Seller are unable to agree quantum of Allowances on a Nursing Home

By : March 15, 2019 Comments Off on Resolving Capital Allowances Figures where Buyer and Seller are unable to agree quantum of Allowances on a Nursing Home

GLAIS HOUSE CARE LIMITED V THE COMISSIONER FOR HER MAJESTY’S REVENUE & CUSTOMS [2019] UKFTT 0059 (TC) Summary HMRC has lost an interesting capital allowances case where it tried to limit the Taxpayer’s purchase price attributable to second-hand fixed plant

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Capital Allowances in the Retail Sector

By : November 9, 2016 Comments Off on Capital Allowances in the Retail Sector

Retail sector owners are often overlooking substantial tax allowances.  This happens because their accountants and tax advisors may only pick up simple & obvious plant and machinery (P&M) items, such as chairs, tables, shop display and fittings. When fitting out or

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Capital Allowances within Childcare Facilities & Schools

By : March 29, 2016 Comments Off on Capital Allowances within Childcare Facilities & Schools

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

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Capital Allowances within Private Member Clubs

By : November 11, 2015 Comments Off on Capital Allowances within Private Member Clubs

There is substantial worth of tax allowances within private member clubs. Significant savings can be achieved by considering capital allowances at an early stage. In-house accountants and tax advisors will be able to identify the apparent qualifying items of plant

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Capital Allowances within Restaurants

By : October 7, 2015 Comments Off on Capital Allowances within Restaurants

Restaurant owners are often overlooking substantial tax allowances.  This happens because their accountants and tax advisors may only pick up simple & obvious plant and machinery (P&M) items, i.e. chairs, tables, crockery etc. When fitting out or refurbishing a restaurant,

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Capital Allowances within Nursing Homes

By : September 30, 2015 Comments Off on Capital Allowances within Nursing Homes

Introduction Nursing homes have substantial imbedded plant and machinery (P&M) items and repairs. However the less obvious items often get overlooked by accountants and tax advisors. Why does this happen? There are many obvious items of plant such as loose

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Capital Allowances Hidden Gems within Hotels

By : August 26, 2015 Comments Off on Capital Allowances Hidden Gems within Hotels

Introduction Hotels are abundant in qualifying items of plant and machinery (P&M) and repairs. In the vast majority of cases, the total allowances are not fully identified by either the in house accountants or external advisors. Why does this happen?

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