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garden office

capital allowances

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can we claim capitalallowances on a garden office as plant and machinery?

although the client has no intention of moving the office is in effect a glorified shed and can be moved to a different location if needed

 

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By Tim Vane
06th Jul 2016 15:20

No.
Next question.

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By Duggimon
06th Jul 2016 15:23

No, being moveable isn't enough to make it not a building, it is a building and is treated as such for capital allowances.

It would have to be moved in the course of the trade for reasons of the trade to be considered plant, shifting it to the other end of the garden in order to get capital allowances on it is not a valid reason.

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By cheekychappy
06th Jul 2016 15:24

More than likely, it is a building for the purposes of capital allowances.

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RLI
By lionofludesch
06th Jul 2016 15:26

When cheeky says "more than likely", he means "definitely".

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By cheekychappy
06th Jul 2016 15:48

To clarify, when Cheeky says "more than likely", he means "more than likely". There are circumstances where capital allowances could be claimed.

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Replying to cheekychappy:
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By Discountants
06th Jul 2016 17:14

To Clarify the clarification
When he says 'more than likely' he does not mean it is more than a 50% chance of happening - he is almost certainly right 90%+ of the time.
He is just to modest to say so :)

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Replying to cheekychappy:
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By Portia Nina Levin
07th Jul 2016 10:28

Quote:

There are circumstances where capital allowances could be claimed.

Pray tell.

Is this a shed with which the trade is carried on? Or is it one in which the trade is carried on?

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Worm
By TheLambtonWorm
07th Jul 2016 09:39

What if he sticks wheels on it - can we call it a van and claim capital allowances?

It certainly wasn't designed for the conveyance of passengers, and isn't normally used as a car.

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By Howard Marks
07th Jul 2016 10:17

1. Full VAT reclaim.
2. Capitalise the shell but no CA's.
3. Capitalise the integral features and CA's allowable.

Consider personal use.

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Worm
By TheLambtonWorm
07th Jul 2016 10:23

4. Get a cabinet with a lock on for the [***] stash

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By Fred Hoad
18th Jul 2016 15:34

Iris is the best. The rest are cheaper. You get what you pay for. The rest all compromise in some way and do not seem to have quite the functionality of Iris. Cost is less of an issue than value. You could view the total cost spread over the total number of clients and consider how it's systems make managing work and data as efficient as possible. If you look at just absolute cost then that's probably quite a narrow way of looking at it anyway.

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Replying to Fred Hoad:
Worm
By TheLambtonWorm
18th Jul 2016 15:42

Another innocent victim of endless scrolling

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