Blog

A round-up of our most popular and topical articles covering capital allowances case law, legislation changes, news and related...

Article exploring the capital gains tax and capital allowances position of commercial property insurance claims.

An article on the practical aspects of making capital allowances claims on construction works that are accounted for as Work in Progress.

Article explaining FA2021 changes to the Structures and Building Allowances statements and simplification rules.

A salient reminder on the need for owners (in this case a farming partnership) to plan all stages for tax purposes

Taxpayer succeeds on a number of points at Upper Tribunal with its hotel BPRA claim

Warehouse treated as a 'cold store' and 'silo for temporary storage' enabling capital allowances win at Tribunal.

A short online course on the new capital allowances super deductions designed to inform students on how the relief operates, key timings etc

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 case concerns closure notices in a capital allowances claim for software licenses held in 2018.

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...