17 April 2020
The move to the corporation tax regime for non-resident companies letting out UK real estate, will have a significant impact on the way they calculate their taxable rental profits, compliance processes and the timing of when tax payments will become due.
06 November 2019
With the transition to corporation tax for non-resident companies, capital allowances regime should be of significant benefit to non-resident companies.
05 July 2019
As of June 2019, the Government introduced a draft statutory instrument for the Structures and Buildings Allowance (SBA). The SBA is intended to encourage investment in the construction of new structures and buildings for commercial use.
12 November 2018
The recent budget announced a package of measures designed to encourage business investment in UK real estate by both investors and occupiers.
29 November 2017
The first step is to check whether your building falls within the scope of the legislation? If it does, are there any exceptions?
29 November 2017
Landlords who don’t comply with the regulations, will risk paying penalties and have their non-compliance published. These penalties could reach £150,000 for a three month incident.
17 August 2017
In the extremely competitive Consumer sector many businesses are still missing out on valuable tax relief. The sector is experiencing increasing cost headwinds and therefore maximising tax relief on capital investment is vital.
Peter is a tax partner in Stoke office and is national head of capital allowances. He has over 20 years experience in advising owner-managed businesses on ways of optimising their overall tax position.