Book Description

the book is written with the busy practitioner in mind Taxation Magazine, 2007 a useful tool for agents in practice who need a comprehensive guide to how this tax works Taxline, 2009 This popular annual tax title examines the technical aspects of capital allowances and similar tax reliefs on property and, in addition, brings together the issues most relevant to individual transactions. Focusing primarily on the corporate property transactions tax practitioners deal with on a regular basis, Capital Allowances- Transactions and Planning 2009/10 demonstrates how the taxpayer can save money by maximising capital allowances and related tax reliefs. It explains the practical and technical aspects of capital allowances and the related tax reliefs on property. These include reliefs for land remediation, business premises renovation and R&D tax credits. This well established and popular title offers a unique transaction-based structure and many special features making it an extremely practical and essential source of reference. Relevant cases and legislation * Updated to include Finance Act 2009 * Reintroduction of first year allowances for all business * New tax relief system on cars outlined in Budget KEY FEATURES- * Transaction based chapters - making complicated legislation easy to follow * Transaction checklists and pro-forma elections * New chapter on cars, expanded sections on integral features and ther recent changes * Full reference to statute, case law and HMRC manuals Martin Wilson and Steven Bone have over thirty years' experience of capital allowance and are Directors of The Capital Allowances Partnership Ltd. The company specialises in providing capital allowances and related property advice to a range of businesses across a wide sector. They are both established authors on the topic of capital allowances.