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 […]
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.
Are capital allowances available on the purchase and fitting of doors? One of the useful things about studying “Google Analytics” for your website is that it does let you know what questions potential clients are looking for when searching the internet for answers. One question which appears to be regularly asked is whether doors attract […]
What are Integral Features? The rules on integral features were introduced in April 2008. Integral features are classed within the Capital Allowances Act 2001 (CAA01) as Plant & Machinery (P&M) and as such attract capital allowances. CAA01 classes the following as an integral feature of a building or structure – an electrical system (including a […]
Is it still worth making a claim for capital allowances on a Furnished Holiday Let? In this blog we explore whether it is still worth making a claim for capital allowances on a furnished holiday let or lets (FHLs) in the European Economic Area (EEA) which includes the UK. If a claim is possible then […]
Currently, as I write this blog in March 2012 many commercial property solicitors may well be unaware of the changes which are going to take effect in April 2012. The purpose of writing this particular blog is therefore to try and enlighten them as to these changes and the pitfalls, which may well include being […]