Capital Allowances Claims a must for Care & Nursing Home Owners In a previous blog post we pointed out how financially beneficial a capital allowances claim could be for Hotel owners. Much of the information supplied in this previous blog is also relevant to Care & Nursing Homes whether owned by individuals or larger limited […]
Capital Allowances Claims on Commercial Property
Keep up to date with changes to the Capital Allowances legislation and the benefits of undertaking a claim on commercial property expenditure.
Hotels are particularly suited to a Capital Allowances Claim As a rule Hotels are one of the most suited types of commercial property when it comes to making a claim for capital allowances. In this post we briefly state why this is the case. Hotels Contain Plant Hotels are rich in “Plant” which qualifies for […]
Capital Allowances – The Old Rules From our perspective, one of the major benefits we have been able to bring to clients, is that we have undertaken retrospective capital allowances claims on their commercial property. In theory this is possible whether the property was purchased yesterday or 15 plus years ago. For commercial property purchased […]
Judging by the searches on our website the most popular topic at the moment is Section 198/199 Tax Election Agreements. This is not surprising given that there have been changes in the capital allowances regime which came into effect in April 2012 with even more far reaching changes on the way in April 2014 (see […]
General Principles The new capital allowances rules which came into effect in April 2012 (and which are going to be tightened even further in April 2014) have made it in even more critical for professional advisers to understand the importance of tax elections. This is especially true when “fixtures” are being disposed of as part […]