MBL Webinar – Capital Allowances – Hotels, Restaurants & Office Buildings

By : Julie Davies March 5, 2020 No Comments

Introduction Since April 2017 there have been restrictions for deducting interest where bank interest exceeds £2m/annum. This makes the full claiming of allowances for UK entities even more important. From April 2019 overseas owners of UK commercial properties are subject

Structures and Buildings Allowances – Update

By : Julie Davies April 18, 2019 No Comments

Following the announcement in October 2018 of the introduction of a new capital allowance for expenditure incurred on non-residential structures and buildings (SBA), HMRC have now published detailed secondary legislation for consultation. Comments are invited by 24th April 2019, with

Lovell Consulting Commentary on November 2018 Budget: Capital Allowances Changes

By : Julie Davies November 19, 2018 Comments Off

There were some significant and surprisingly positive changes to capital allowances. Up until this Budget, Mr Hammond has been about as useful as a chocolate teapot for investment allowances. Assuming that the present Government remains in power and Finance Bill