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Search results: 13 article(s) found in topic: Property - keyword: Capital allowances

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PROPERTY

Rental income tax deductions you might be overlooking

Landlords of residential properties are now facing tough restrictions on tax relief for borrowing, so there’s all the more reason to maximise other let property tax reliefs. What hidden deductions might you be missing out on? More...

CAPITAL ALLOWANCES

Property renovation tax break - get it before it’s gone

You’ve one last chance to get your hands on a special tax break; business premises renovation allowance (BPRA) runs out in April 2017. What must you do before then to qualify for this generous tax relief? More...

CAPITAL ALLOWANCES

Time is running short for BPRA claims

CAPITAL ALLOWANCES

Can you claim capital allowances for a building?

Last year you spent over £2,000 on an outside shelter for employees who smoke. However, your accountant is reluctant to claim a tax deduction for this. Why, and what can you do to change his mind? More...

CAPITAL ALLOWANCES

Equipment in buildings - the new capital allowance rules

From April the rules changed for claiming capital allowances (CAs) on plant and machinery included in a building. Property buyers in particular need to take care or they could lose their right to claim a tax deduction. What’s the full story? More...

CAPITAL ALLOWANCES

Double tax allowances for residential letting

If you own a residential property with multiple tenants, you might be missing out on tax deductions. Despite a recent tightening of the rules there’s still scope to claim capital allowances (CAs) and a wear and tear deduction. What’s the full story? More...

CAPITAL ALLOWANCES

Is this the end of the capital allowances loophole?

The Taxman has published a consultation document suggesting changes to how businesses claim tax relief for expenditure on property fixtures. These might have retrospective effect. What steps should you be taking to protect your claim? More...

INVESTMENTS

How to convert an empty flat into a tax break

Buy-to-let property was “the” investment to get into until a few years ago; these days the market is less buoyant. However, if you want to start small, the Taxman has a tax break to give you a boost. What’s involved? More...

PROPERTY

Property rental tax break withdrawn

A change to the rules in 2008 led to a rash of claims for tax deductions on capital expenses against residential property rental income. The Taxman has now put a block on these. What’s changed and what’s left that you can claim for? More...

CAPITAL ALLOWANCES

Capital allowances trap for companies

If a company owns the property used by another company for its business, there could be a problem when it comes to claiming capital allowances. What is it and can you get around it? More...
Last updated: 16.10.2018

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