Continuing our series of basic informative articles Steven Bone and Martin Wilson of the The Capital Allowances Partnership LLP discuss common misconceptions about plant & machinery capital allowances
In our last two articles (Back to Basics — Plant & Machinery Allowances Issue 857 16 October 2006 and Back to Basics — Plant and Machinery Allowances: Fixtures Issue 862 20 November 2006) we outlined the basic rules that entitle a taxpayer to claim plant and machinery allowances. Although capital allowances are a routine aspect of tax compliance our specialist capital allowances experience gained both in the accountancy and surveying professions has revealed that common misconceptions and areas of difficulty still exist. In this article we will discuss some of the examples seen in practice...
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:
Continuing our series of basic informative articles Steven Bone and Martin Wilson of the The Capital Allowances Partnership LLP discuss common misconceptions about plant & machinery capital allowances
In our last two articles (Back to Basics — Plant & Machinery Allowances Issue 857 16 October 2006 and Back to Basics — Plant and Machinery Allowances: Fixtures Issue 862 20 November 2006) we outlined the basic rules that entitle a taxpayer to claim plant and machinery allowances. Although capital allowances are a routine aspect of tax compliance our specialist capital allowances experience gained both in the accountancy and surveying professions has revealed that common misconceptions and areas of difficulty still exist. In this article we will discuss some of the examples seen in practice...
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:
