UPDATE ON CASE SSE GENERATION LIMITED V THE COMMISSIONERS FOR HMRC HMRC TO CHALLENGE THE FIRST TIER TRIBUNAL TAX CHAMBER RULING HMRC have decided to challenge the ruling given by the First Tier Tax Tribunal which they considered was
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HMRC clutching straws on a grain storage structure : Stephen May and another v HMRC [2019] UKFTT 32 (TC) Overview There has been a capital allowance case to determine whether a facility for drying, conditioning and storage of grain is
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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
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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
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
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