INDEPENDENT CAPITAL ALLOWANCES SPECIALISTS

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Interview: A Little Capital Allowances Knowledge Can Be Dangerous

By : February 2, 2017 Comments Off on Interview: A Little Capital Allowances Knowledge Can Be Dangerous

e have come across a number of situations where non-specialist solicitors, accountants and tax advisers have not recognised that a little knowledge can be a dangerous thing. This interview with former Valuation Office Agency (VOA) specialist Michael Edwards highlights the importance of considering Capital Allowances early in Commercial Property transactions.

Michael joined Lovell Consulting after 15 […]

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Effective Dealing with HMRC for Capital Allowances

By : November 3, 2015 Comments Off on Effective Dealing with HMRC for Capital Allowances

There are 4 main areas of concern for HMRC with any Capital Allowances (CA) claim; entitlement, credibility, quantum and eligibility.

Entitlement requires careful consideration of the tax history and appropriate valuation basis. Also considerations of the nature of trade and specific expenditure.

Credibility issues can be reduced by submitting a fully detailed, cross referenced, well […]

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