Blog

HM Revenue & Customs (HMRC) have confirmed that they will accept the decision in the First-teir Tribunal (FTT) case of DAARASP LLP and BETEX

This was a notable victory for the taxpayer as some £13m of tax allowances depended almost entirely on the true meaning of 'temporary'.

The recent case of Inmarsat Global Limited v The Commissioners for Her Majesty’s Revenue & Customs [2021] UKUT0059(TCC) is an appeal...

Can a hole in the ground be an item of plant or machinery? The hole here was in fact a sophisticated underground cavern which had been...

Following last month’s budget announcement on the Capital Allowances Super Deduction, we have received a response from the Capital...

Today’s budget announced a temporary increase in tax relief for companies who invest in certain types of new plant and machinery

On 5th February the government passed the legislation announced in Budget 2020 to extend and tighten the availability of 100% First Year...

The UK Government open up a bidding process in England to establish at least seven new Freeports.

With the UN Climate Change Conference UK 2021 coming to Glasgow in less than 12 months time we wanted to shine a spotlight on tax

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

I had an insight into that question this year when a detached retina triggered four surgeries over seven months and a fifth now pending

When it comes to determining repairs for tax purposes, words matter but substance and context matter more

Here we set out some of the key issues we expect to be examined for property additions to meet Covid-19.

LRR remains the only real tax incentive for businesses who clean up contaminated or long-term derelict land and buildings.

Budget 2020 – Capital Allowances Summary

Encouraging new business investment is going to be high on the Chancellor’s agenda in next months Budget and there are two areas where we...

The Office of Tax Simplification has published a document setting out the scope of a new review into simplifying claims and elections.

With the introduction of Structures and Buildings Allowances and their inclusion in CPSE general pre-contract contract enquiries for...

Case law and tribunal decisions are how statutory interpretation evolves. It can reinforce long term views and sometimes challenge the...

Availability of 100% enterprise zone allowances through the use of a “Golden Contract” for the creation of data centres