Understanding the full scope of Plant & Machinery is important for capital allowances claims purposes. I was discussing capital allowances claims on commercial property yesterday and the person I was talking with clearly looked confused. I had been talking about the need to identify the plant and machinery values in a property. When I explained […]
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.
Many owners of commercial property are paying too much tax because of a lack of meaningful advice from their accountants and solicitors in respect of capital allowances claims. The government will start consultation in May 2011 on whether to continue to allow capital allowances claims on purchases of commercial property regardless of the purchase date. […]