Insights

Technical commentary on capital allowances, property and related tax matters.

Articles are provided for general information only and do not constitute advice.

Significant tax decision on pre-construction costs in major projects

Court of Appeal decision summary on the pre-construction (operational studies) costs for a major offshore windfarm.

Bryan Crawford

Mar 18, 20255 min read

Autumn Budget 2024 - Capital Allowances Update

Invest, Invest, Invest

Bryan Crawford

Oct 31, 20243 min read

Capital Allowances for Offshore Windfarms: Tax Implications for Project Planning and Design Costs

The Upper Tribunal (UT) has now considered last year's First-tier tax (FTT) tribunal decision on the capital allowances treatment of certain costs associated with offshore windfarms and whilst it agreed with FTT on a number of issues it took a different view on the eligibility of preliminary studies and surveys, narrowing the scope for this claim and potential claims for similar expenditure on other projects. Windfarm The UT decision concerned the following issues: - Whether

Bryan Crawford

Nov 30, 20233 min read

Capital Allowances Summary 2022

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

Bryan Crawford

Dec 21, 20225 min read

Windfarm design, survey and construction management costs

An article on a tax case that deals with capital allowances on the windfarm costs at Gunfleet Sands

Bryan Crawford

Mar 2, 20226 min read