COURSE OBJECTIVES: To identify and review the main features of the UK tax relief regime for business capital expenditure and to identify specific planning opportunities. The course aims to provide delegates with a thorough outline of the UK regime for capital expenditure by businesses large and small and to highlight the chief areas to which attention should be paid to ensure accurate tax reporting and compliance and planning.
COURSE CONTENT
- A summary of the current rates and allowances
- Recent changes and developments
- HMRC practices and procedures
- Plant and machinery allowances – case law review
- Short and long life assets
- Industrial and Agricultural Buildings allowances
- Timing issues and planning possibilities
- Legal and property tax law issues
- Disposals and interaction with CGT and other taxes
- Research and development and tax credit allowances
- Intellectual property and intangibles reliefs
- Software allowances
- Unusual industries and allowances available
- Mining, shipping, waste disposal, sports grounds and stadia
- Anti-avoidance legislation
- Key areas for planning attention
WHO SHOULD ATTEND
This course will benefit anyone involved in preparing business tax computations and specifically anyone involved on a day to day basis with the formulation and planning of claims for capital allowances.
Would you like this course run in-house? Call us on 0207 566 8207 to find out more
"1.Low number of candidates (there were 7 on our course), this gave everybody a good opportunity to ask questions that were relevant to their own circumstances.
2. The trainer himself (Russ Cockburn) - extremely knowledgable and being an ex-HMRC Inspector he could give plenty of real-life examples.
3. The training handout - although we didn't refer to this much in the classroom, I feel this is a good publication useful to reference to as it gave legislation reference numbers."