Blog

Court of Appeal decision summary on the pre-construction (operational studies) costs for a major offshore windfarm.

Tax Tribunal determines that expenditure on a new quay wall qualifies for plant and machinery allowances

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

An overview of the latest developments in 'Full Expensing' following the UK Chancellor's Autumn Statement 2023

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

An article on the tax treatment of costs for specialist building parts in uranium treatment facility

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

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

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...

The case of Revenue and Customs Commissioners v SSE Generation Ltd [2021] will be of interest to anyone involved in capital allowances...

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