INDEPENDENT CAPITAL ALLOWANCES SPECIALISTS

Private Rented Sector (PRS) & Capital Allowances: Key Planning Points

By : July 20, 2015 Comments Off on Private Rented Sector (PRS) & Capital Allowances: Key Planning Points

Private Rented Sector (PRS) & Capital Allowances

Capital allowances and contaminated land can have a significant impact on the financial viability of PRS projects. Lovell Consulting are actively involved in several PRS projects. This note sets out the key capital allowances planning points.

Site Acquisitions potential tax allowances

Where a site is purchased with existing buildings may contain […]

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Drafting For Purchase Contracts And CPSE Capital Allowances Responses

By : July 15, 2015 Comments Off on Drafting For Purchase Contracts And CPSE Capital Allowances Responses

Since April 2014 the legislation has been substantially tightened for capital allowances when buying commercial property.

The allowances can be significant and often represent around 10%-25% of the purchase price of the property.  There are standard Commercial Property Standard Enquiries (CPSEs) for use by the property lawyers, intended to establish the extent of any allowances available […]

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The Benefits of Claiming Annual Investment Allowances

By : July 7, 2015 Comments Off on The Benefits of Claiming Annual Investment Allowances

Benefits of Claiming Annual Investment Allowances

The Government has tried to incentivise business to accelerate investment in plant and machinery.  It has done this by introducing an Annual Investment Allowance (AIA).  Capital allowances are normally given over time.  The AIA enables all the allowances to be accelerated in 1 year, up to an AIA annual limit.  […]

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Lawyers Should Seek Specialist Capital Allowances Advice

By : July 1, 2015 Comments Off on Lawyers Should Seek Specialist Capital Allowances Advice

John Lovell of Lovell Consulting , interviewed by Melissa Moore of LexisPSL Property, reflects on how changes to the Finance Act in April 2014 have affected real estate transactions.

Why are capital allowances important to property clients and their lawyers?

Businesses are overlooking millions of pounds worth of tax allowances. Commercial property owners may be failing […]

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