Lloyds TSB Equipment Leasing (No 1) v CRC, Upper Tribunal (Tax and Chancery Chamber)
Dean & Reddyhoff Ltd (TC2767)
A limited company has installed solar panels on the roof of the factory from which it trades. The factory is owned by the company directors and is let rent free to the company
Ardagh Group DA v Pillar Property Group Ltd, Court of Appeal
A sole trader has recently purchased a car that will be eligible for 100% first-year allowances. This will be restricted by his 10% private use, but the private use element is likely to increase in future years as the client nears retirement
By Ray Chidell and Lindsay Pentelow; paperback; 259 pages; £74.50; Claritax Books
Is there a capital allowances tax planning opportunity available when a business is transferred to a newly formed company? Can the rule that assets must be transferred at market value be avoided if they are transferred before the transfer of the business itself?
Accelerate deductions by claiming first-year allowances for technology that saves water or energy
Claims can be made on plant and machinery sales in some circumstance
Revisiting an old tax case concerning the difference between income and capital expenditure
Revisiting an old tax case concerning the difference between income and capital expenditure
A limited company intends to purchase a dog that will be used for promotional purposes. The animal will be taken home in the evenings and at weekends by one of the directors
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