CRC v David Thomson, Upper Tribunal (Tax and Chancery Chamber)
Lloyds TSB Equipment Leasing (No 1) v CRC, Court of Appeal
Are capital allowances claimable in respect of a water borehole?
Preserving capital allowances entitlement on a property transfer
Rogate Services Ltd (TC3449)
Changes to the annual investment allowance made in this year’s Finance Bill
A new company has constructed and installed a wind turbine for a considerable sum on land that is rented from a farmer for a share of profits
A client is planning a doggy day care business that will operate from premises, rented under a licence, which have been unused for several years
A UK resident acquired a portfolio of commercial properties from his uncle in 2011. The uncle did not claim any capital allowances in respect of the properties
A business is likely to make substantial investments in plant and machinery in the period towards the end of 2014, before the annual investment allowance reverts from the temporary limit of £250,000 to £25,000
Harvey’s Jersey Cream Ltd (TC3045)
The partners in a medical practice wish to claim capital allowances in respect of the surgery premises, which is owned by the partnership. But by claiming the allowances, the doctors’ taxable income may fall below the qualifying level for NHS seniority payments
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