INDEPENDENT CAPITAL ALLOWANCES SPECIALISTS

Claiming Capital Allowances and / or Repairs

By : July 6, 2016 Comments Off on Claiming Capital Allowances and / or Repairs

As acknowledged in HMRC’s Capital v Revenue Expenditure Toolkit, ‘there is no single, simple test that can be applied to decide which items are capital expenditure and which are revenue’   Differentiating between capital and revenue expenditure can be complex

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Commercial Property Standard Enquiries: Capital Allowances

By : June 30, 2016 Comments Off on Commercial Property Standard Enquiries: Capital Allowances

Following on from the April 2014 changes to the Capital Allowances fixtures legislation, there is now more of a requirement for careful planning and technical due diligence to ensure Capital Allowances are not lost to Buyers of commercial property.  

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LexisNexis Webinar – Tax for General Practice & Capital Allowances

By : June 15, 2016 Comments Off on LexisNexis Webinar – Tax for General Practice & Capital Allowances

The LexisNexis Tax for General Practice webinar programme covers key tax issues for practitioners who may not be specialists. As always, there is a lot to talk about. In the March budget, the Chancellor announced several changes which may have implications

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New Capital Allowances Team Appointment – Glenn Ramos

By : May 10, 2016 Comments Off on New Capital Allowances Team Appointment – Glenn Ramos

We are pleased to announce the appointment of Glenn Ramos, who has joined as Consultant. Glenn recently joined Lovell Consulting, having spent the last 7 years with HMRC/Valuation Office as an internal capital allowances specialist. He holds a degree in

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MBL Webinar for Property Lawyers and Tax Advisers (Capital Allowances)

By : May 3, 2016 Comments Off on MBL Webinar for Property Lawyers and Tax Advisers (Capital Allowances)

The capital allowances fixtures regime has undergone a significant change since April 2014 in relation to buying and selling commercial properties. Without clear and practical advice at an early stage of a transaction, allowances could now either be under claimed

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Capital Allowances within Childcare Facilities & Schools

By : March 29, 2016 Comments Off on Capital Allowances within Childcare Facilities & Schools

Nurseries have substantial imbedded plant and machinery (P&M) items and repairs. However the less obvious items often get overlooked by accountants, surveyors and tax advisors. Why does this happen? There are many obvious items of plant such as loose furniture and fittings

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