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Plant & Machinery Allowances

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

 
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...

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