Steven Bone and Martin Wilson of The Capital Allowances Partnership LLP comment on the latest proposals for changes to capital allowances on fixtures
Steven Bone and Martin Wilson of The Capital Allowances Partnership LLP comment on the latest proposals for changes to capital allowances on fixtures
July saw the latest stage of the debate about the future of capital allowances and whether they are suited to the modern commercial environment when the Government published its consultation document 'Business tax reform: capital allowances changes'. Inter alia this document sets out proposals to 'modernise' the rates of tax relief available for plant and machinery.
What Is Proposed
● A reduction of the standard rate of writing-down allowance...
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Steven Bone and Martin Wilson of The Capital Allowances Partnership LLP comment on the latest proposals for changes to capital allowances on fixtures
Steven Bone and Martin Wilson of The Capital Allowances Partnership LLP comment on the latest proposals for changes to capital allowances on fixtures
July saw the latest stage of the debate about the future of capital allowances and whether they are suited to the modern commercial environment when the Government published its consultation document 'Business tax reform: capital allowances changes'. Inter alia this document sets out proposals to 'modernise' the rates of tax relief available for plant and machinery.
What Is Proposed
● A reduction of the standard rate of writing-down allowance...
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:
