Blog

Topical articles on all things capital allowances including case law, budget changes, policy and related topics (for guidance and information only).

Jan 93 min read

Mersey Docks wins plant and machinery status for 'Quay Wall' in Tax Tribunal

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

Jan 19, 20244 min read

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

Nov 22, 20235 min read

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

Apr 11, 20228 min read

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

Mar 2, 20222 min read

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

Aug 5, 20214 min read

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

May 5, 20213 min read

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

Apr 7, 20214 min read

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

Apr 7, 20215 min read

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...

Feb 3, 20216 min read

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

Oct 29, 20203 min read

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