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.
03 December 2018
From January 2019, the annual investment allowance (AIA) will increase from £200,000 to £1m until December 2020. Find out what businesses with expected capital expenditure need to do to benefit from this.
16 November 2018
The increase in Annual Investment Allowance (AIA) is a key change for capital allowances since the announcement of the recent Budget. Find out more about this increase and how our RSM experts can assist you with your capital projects.
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 October 2018
The big news was the increase in the Annual Invesment Allowance to £1m. This will provide an attractive timing benefit to business undertaking capital expenditure. Other announcements focused on the introduction of a new Structures and Buildings Allowance to provide relief for costs previously outside the scope of capital allowances.
19 October 2018
As demonstrated in the recent SSE Generation tax tribunal case, HMRC’s opinion on capital allowances eligibility may not be correct.Read more
12 October 2018
Capital allowance tax relief can significantly reduce the cost of the investment by reducing the owner’s tax liability. We have developed a myth-busting guide that challenges common myths that often stop businesses from claiming capital allowances.
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?