Martin Wilson of The Capital Allowances Partnership LLP comments on the Government's latest response on the proposed changes to the system of capital allowances
Martin Wilson of The Capital Allowances Partnership LLP comments on the Government's latest response on the proposed changes to the system of capital allowances
The Government has recently published its response to consultations on changes to the way in which relief will be given for expenditure on plant and machinery.1 These changes will affect almost all taxpayers to a greater or lesser extent with investors and property owners being particularly badly hit. By the Treasury's own admission the principal changes will raise additional tax by April 2010 of more than £4 billion.
The consultation process launched last July (see The Tax Journal Issue 899...
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Martin Wilson of The Capital Allowances Partnership LLP comments on the Government's latest response on the proposed changes to the system of capital allowances
Martin Wilson of The Capital Allowances Partnership LLP comments on the Government's latest response on the proposed changes to the system of capital allowances
The Government has recently published its response to consultations on changes to the way in which relief will be given for expenditure on plant and machinery.1 These changes will affect almost all taxpayers to a greater or lesser extent with investors and property owners being particularly badly hit. By the Treasury's own admission the principal changes will raise additional tax by April 2010 of more than £4 billion.
The consultation process launched last July (see The Tax Journal Issue 899...
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:
