Blog

In 2024, HM Revenue & Customs (HMRC) has been sharpening its focus on compliance checks for commercial real estate and infrastructure deals

An invalid s198 election is a potential win-win for HMRC an easy target - don't lose out - find out all you need to know in this article.

An article covering some of the most common tax pitfalls and opportunities on works to an existing building with tips and links.

This recent tax case concerns the capital allowances treatment of 26 timber log camping pods at an outdoor activity centre in Wales.

An article examining capital allowances in commercial real estate transactions (including furnished holiday lettings)

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

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

If you spend money on plant or machinery (including certain fixtures) for use in your business and regularly dispose or scrap them..

HMRC waiting to catch sellers without valid elections

If you buy a property from someone who owned it before 2008 you might be entitled to claim the 'integral feature' uplift.

Capital allowances on SDLT, LBTT or LTT

Commercial Property Tax Elections and Tribunal – Getting a Good Deal

Can you claim capital allowances on property purchases? Maybe!