Blog

A round-up of our most popular and topical articles covering capital allowances case law, legislation changes, news and related...

Article exploring the capital gains tax and capital allowances position of commercial property insurance claims.

An article on the practical aspects of making capital allowances claims on construction works that are accounted for as Work in Progress.

Article explaining FA2021 changes to the Structures and Building Allowances statements and simplification rules.

A salient reminder on the need for owners (in this case a farming partnership) to plan all stages for tax purposes

Warehouse treated as a 'cold store' and 'silo for temporary storage' enabling capital allowances win at Tribunal.

A short online course on the new capital allowances super deductions designed to inform students on how the relief operates, key timings etc

This case concerns closure notices in a capital allowances claim for software licenses held in 2018.

This was a notable victory for the taxpayer as some £13m of tax allowances depended almost entirely on the true meaning of 'temporary'.

The recent case of Inmarsat Global Limited v The Commissioners for Her Majesty’s Revenue & Customs [2021] UKUT0059(TCC) is an appeal...

Can a hole in the ground be an item of plant or machinery? The hole here was in fact a sophisticated underground cavern which had been...

Following last month’s budget announcement on the Capital Allowances Super Deduction, we have received a response from the Capital...

Today’s budget announced a temporary increase in tax relief for companies who invest in certain types of new plant and machinery

How do you get the best capital allowances results for your business for the least amount of work and hassle – the answer could lie in...

On 5th February the government passed the legislation announced in Budget 2020 to extend and tighten the availability of 100% First Year...

The case of Revenue and Customs Commissioners v SSE Generation Ltd [2021] will be of interest to anyone involved in capital allowances...

Co-operation and planning with fixtures sales are essential to make the most of any capital allowances in the deal involved

The UK Government open up a bidding process in England to establish at least seven new Freeports.

With the UN Climate Change Conference UK 2021 coming to Glasgow in less than 12 months time we wanted to shine a spotlight on tax

The OTS has now concluded its latest review into capital allowances elections and made the following recommendations