Capital Allowances – The UK Regime and Planning Issues

Speaker:  Russell Cockburn  |  CPD Hours: 6.0

Price £575 plus VAT

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This course aims to cover in detail the main features of the current UK tax relief regime for business capital expenditures and identifies specific planning opportunities. It will examine in some detail the rules on “plant and machinery”, property purchases and available allowances for integral features and systemic costs. In particular, this course will provide delegates with an insight to the detail of optimising capital allowances claims on property purchases and building projects, suggest methods of optimising communication systems among property professionals and cover recent case law developments on unusual plant and property expenditures.

The course aims to provide delegates from industry or those working in an accounting practice with a thorough knowledge of the current 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, compliance and planning.


A summary of the current rates and allowances

  • Recent changes and developments
  • HMRC practices and procedures
  • Recent and historic relevant case law decisions

Plant and machinery allowances

  • Plant or setting?
  • Short and long life assets
  • Integral features
  • Fixtures and fittings in new and second-hand buildings – elections rules.
  • Timing issues – legal and property tax law issues
  • Disposals and interaction with capital gains rules

Other Aspects

  • Research and development and tax credit allowances
  • Intangibles reliefs and intellectual property costs.
  • Computer software allowances
  • Unusual industries and activities, agriculture, mining, waste disposal, warehousing
  • Modern industries and renewables expenditures, wind and solar farms.
  • Key areas for planning attention


This course will benefit anyone involved in preparing business tax computations from financial accounts and specifically anyone working in a busy tax department involved with the formulation and planning of claims for capital allowances for their business or their clients, especially when dealing with property purchases or new build projects. The aim is to enable delegates to formulate analyses for tax computations that produce optimum tax relief for business costs and projects.

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