I have a client that has acquired some tomato growing land, together with some kit to be erected/installed as sophisticated greenhouses which will be regarded as plant when complete.
My client has belatedly performed an exercise to "tidy up" an inherited messy fixed asset register. The net effect is that substantially more assets have been identified.
A client purchased 100 acre farm which was very run down. In 2010 he has had to put up new fencing and install field drainage to improve the main field before it can be occupied by stock.
Twice in as many weeks, clients have contacted me because they have been contacted by people who want to claim their capital allowances and take a percentage based on the claim. I have also receiv
The Finance Bill clauses to reduce the Annual Investment Allowance (AIA) to £25,000 include some apportionment rules that could restrict the amounts available during 2011-12.
According to section 61 of CAA 2001, actual consideration should be used in the capital allowances computation where the taxpayer disposes of plant and machinery that is qualifying expenditure for
A client purchased a fully-furnished property for £250k in January 2009 with a view to selling it.