INDEPENDENT CAPITAL ALLOWANCES SPECIALISTS

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Capital Allowances Case Update – The Granleys

By : February 14, 2014 Comments Off on Capital Allowances Case Update – The Granleys

A recent capital allowances decision highlights the importance of establishing the tax history for purchased properties The Granleys v Commissioners for HMRC (TC01231). It also demonstrates the need to use capital allowances specialists with experience in both tax and surveying.

Background

The Granleys, a partnership, acquired a care home in December 2003 for £650,001.
Within […]

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Capital Allowances on Furnished Holiday Lets

By : February 14, 2014 Comments Off on Capital Allowances on Furnished Holiday Lets

DREAM TAX BREAKS

Your holiday home in Europe may qualify for substantial tax repayments.

Leading real estate tax specialists Lovell Consulting explains.

Few property owners are aware of this generous treatment for new and second hand residential properties.
If you have bought a furnished residential property anywhere in the European Economic Area in the last ten years or […]

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