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Capital Allowances for Hydroschemes Update

This blog discusses the Court of Appeal’s decision in capital allowances claim case between SSE Generation Limited and HMRC.  The case related to what constitutes plant and machinery in the context of large scale hydroelectric plants but would cascade down to smaller...

Boost to Help Transform Vacant and Derelict Land

On the 19th December 2020 the Scottish Government announced a £50 million, five year programme to aid in transforming vacant and derelict land.  With over 11,000 hectares of registered land and possible more not registered, this is great news. The Communities...

Covid Statement

At this difficult time, we appreciate that all of our clients are having to cope with different rules and restrictions depending on which one of the four nations they live in. However, as we move collectively towards the traditional tax deadlines, we just want to take...

We Nearly Forgot Our Birthday!

Gosh doesn’t time fly, so much so that we forgot to celebrate our 5, yes, 5-year anniversary….I’ll let that sink in… Well, we had a bit of an excuse with a world pandemic going on. There were many out there that thought we’d wouldn’t make it this far, but we...

I love my holidays!

I love my holidays! Be they near or far, but as soon as I am back from one, I am planning the next…just so there is something in the diary to look forward to.  This summer, with the corona virus pandemic we are looking forward to a staycation to visiting family and...

Tax Relief In The Time Of COVID -19

We hope you are all staying safe and well in these most difficult of times. As with us, we are sure the focus for many of you will be on how you can retain cash in your businesses. Additionally, it is also important to consider reviewing past year’s expenditure for...

Specialist Buildings – Distilleries

Those who know me know one of my favourite tipples is gin, and one of the perks of being a capital allowances surveyor is, now and again, we get to see around some of the many artisan distilleries and breweries in the UK.  It’s also great that we can help these...

Specialist buildings – Cinemas

“Happy New Year everyone!   With lots of Clients having 31 Dec year ends and of course Christmas our Specialist Buildings series got slightly side-tracked.  So, having watched loads of films over the festive break we thought we’d start of the new year with...

Specialist buildings-Data Centres

More and more as our business grows we come across more unusual types of properties that our Clients are investing in.  From crematoria to hydro electric schemes to Air BnBs, each type property has it nuances and therefore what items can be claimed.  To assist our...

Capital Allowances Claims Are Increasing

Last week the Government published the Corporation Tax Statistics 2019 which makes for some interesting reading and can be found at this link https://tinyurl.com/y5hzgra8. It is great to see that capital allowances claims are increasing again following a dip in...