MBL Webinar – Capital Allowances in Hospitality The MBL Capital allowances in the hospitality sector webinar provides an update with particular focus on how to maximise the tax relief available to minimise the impact of interest and loss restrictions introduced in April
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There were some significant and surprisingly positive changes to capital allowances. Up until this Budget, Mr Hammond has been about as useful as a chocolate teapot for investment allowances. Assuming that the present Government remains in power and Finance Bill
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SSE GENERATION LIMITED V THE COMMISSIONERS FOR HMRC FIRST TIER TRIBUNAL TAX CHAMBER This is the first significant capital allowances case since IRC v Barclay, Curle & Co Ltd [1969] where expenditure on capital allowances has been considered for
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Each year Lovell Consulting awards a prize of £1000 to an outstanding quantity surveying student at the University of Reading. Lovell Consulting are pleased to announce the winner of the Lovell Prize 2018 is Ho Yan Ho.
Read moreA pub company has succeeded in making a very late capital allowances claim. The First Tier Tax Tribunal has decided that there really is life after death and in the case of Dundas Heritable v HMRC (2018) where a late claim made for
Read moreThe long awaited report by the Office of Tax Simplification (OTS) into the proposed simplification of capital allowances was published on the 15th June 2018. It extends to 88 pages but concludes that whilst an accounts based depreciation system would be attractive, the
Read moreThe benefits and importance of capital allowances in commercial sales and purchases has been well publicised, but did you know the relief also needs to be considered in some residential and landlord and tenant matters? Sophie Raniwala explains Tax has never been more political.
Read moreJohn Lovell is interviewed by Lexis Nexis: 4 October 2017 First published by Lexis Nexis John Lovell, Managing Director at capital allowances specialists Lovell Consulting, outlines the recent review by the Office of Tax Simplification (OTS) regarding replacing capital allowances with
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