Spotlight on s198 Fixtures Elections with Enhanced Capital Allowances
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.
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Topical articles on all things capital allowances including case law, budget changes, policy and related topics (for guidance and information only).
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Bryan Crawford
Feb 276 min read
Maximizing Tax Opportunities and Avoiding Pitfalls in Construction Works on Existing Buildings
An article covering some of the most common tax pitfalls and opportunities on works to an existing building with tips and links.
Bryan Crawford
Jan 194 min read
Camping Pods: How their Use, Form, and Specification Affect Tax Treatment
This recent tax case concerns the capital allowances treatment of 26 timber log camping pods at an outdoor activity centre in Wales.
Bryan Crawford
Nov 30, 20233 min read
Capital Allowances for Offshore Windfarms: Tax Implications for Project Planning and Design Costs
The Upper Tribunal (UT) has now considered last year's First-tier tax (FTT) tribunal decision on the capital allowances treatment of...
Bryan Crawford
Nov 22, 20235 min read
Full Expensing in the UK: An Overview
An overview of the latest developments in 'Full Expensing' following the UK Chancellor's Autumn Statement 2023
Bryan Crawford
Dec 21, 20225 min read
Capital Allowances Summary 2022
A round-up of our most popular and topical articles covering capital allowances case law, legislation changes, news and related announcement
Bryan Crawford
Apr 11, 20228 min read
Dealing in Capital Allowances
An article examining capital allowances in commercial real estate transactions (including furnished holiday lettings)
Bryan Crawford
Mar 2, 20222 min read
A test of the function test in a highly regulated and sophisticated asset
An article on the tax treatment of costs for specialist building parts in uranium treatment facility
Bryan Crawford
Mar 2, 20226 min read
Windfarm design, survey and construction management costs
An article on a tax case that deals with capital allowances on the windfarm costs at Gunfleet Sands
Bryan Crawford
Aug 5, 20214 min read
Specialist potato storage warehouse win for taxpayer
Warehouse treated as a 'cold store' and 'silo for temporary storage' enabling capital allowances win at Tribunal.
Bryan Crawford
May 5, 20213 min read
Super Deductions for Long Life Assets
HM Revenue & Customs (HMRC) have confirmed that they will accept the decision in the First-teir Tribunal (FTT) case of DAARASP LLP and BETEX
Bryan Crawford
Apr 7, 20214 min read
Satellite Launch Costs
The recent case of Inmarsat Global Limited v The Commissioners for Her Majesty’s Revenue & Customs [2021] UKUT0059(TCC) is an appeal...
Bryan Crawford
Apr 7, 20215 min read
Gas Storage Caverns as Plant
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...
Bryan Crawford
Apr 7, 20212 min read
Super Deductions for Landlords Update
Following last month’s budget announcement on the Capital Allowances Super Deduction, we have received a response from the Capital...
Bryan Crawford
Mar 3, 20214 min read
Super Deductions for Capital Expenditure
Today’s budget announced a temporary increase in tax relief for companies who invest in certain types of new plant and machinery
Bryan Crawford
Feb 8, 20214 min read
Reduce Workload and Costs in Your Claims
How do you get the best capital allowances results for your business for the least amount of work and hassle – the answer could lie in...
Bryan Crawford
Feb 3, 20216 min read
Defending Structure Claims as Plant
The case of Revenue and Customs Commissioners v SSE Generation Ltd [2021] will be of interest to anyone involved in capital allowances...
Bryan Crawford
Dec 1, 20206 min read
The Importance of Working Together
Co-operation and planning with fixtures sales are essential to make the most of any capital allowances in the deal involved
Bryan Crawford
Oct 29, 20203 min read
Capital Allowances Elections OTS Review
The OTS has now concluded its latest review into capital allowances elections and made the following recommendations
Bryan Crawford
Oct 29, 20203 min read
Short Life Asset Tax Benefits
If you spend money on plant or machinery (including certain fixtures) for use in your business and regularly dispose or scrap them..
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