Continuing our series of basic informative articles, Martin Wilson and Steven Bone, partners in The Capital Allowances Partnership outline an often misunderstood capital allowance, industrial buildings allowances
Continuing our series of basic informative articles Martin Wilson and Steven Bone partners in The Capital Allowances Partnership outline an often misunderstood capital allowance industrial buildings allowances
Industrial buildings allowances (IBAs) allow taxpayers to write off for tax purposes expenditure on industrial buildings. They have been with us for over sixty years and are the second most commonly claimed type of capital allowance after plant and machinery allowances. Despite this the basic rules of IBAs are often misunderstood by taxpayers and practitioners alike particularly where a property is acquired second-hand.
General understanding is that the fundamental requirements for a...
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Continuing our series of basic informative articles, Martin Wilson and Steven Bone, partners in The Capital Allowances Partnership outline an often misunderstood capital allowance, industrial buildings allowances
Continuing our series of basic informative articles Martin Wilson and Steven Bone partners in The Capital Allowances Partnership outline an often misunderstood capital allowance industrial buildings allowances
Industrial buildings allowances (IBAs) allow taxpayers to write off for tax purposes expenditure on industrial buildings. They have been with us for over sixty years and are the second most commonly claimed type of capital allowance after plant and machinery allowances. Despite this the basic rules of IBAs are often misunderstood by taxpayers and practitioners alike particularly where a property is acquired second-hand.
General understanding is that the fundamental requirements for a...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
