Capital Allowances: Transactions and Planning 2011/12

Author: Martin Wilson; Steven Bone
Publisher: Bloomsbury Professional (formerly Tottel Publishing)
ISBN: 9781847667649
Published In: July 2011
Format: Paperback , 470 pages
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

New Edition is available now !

Description
Contents
Author

Details

a useful tool for agents in practice who need a comprehensive guide to how this tax works" Taxline

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 2011/12 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.

NEW IN THIS EDITION
The 2011/12 edition is updated to cover all recent, relevant legislation and case law, including:

Finance (No 3) Act 2010 and Finance Act 2011
Christopher Wills v Commissioners for HM Revenue & Customs UKFTT 174 (TC)
[2010]
Moonlight Textiles Ltd v Commissioners for HM Revenue & Customs UKFTT 500 (TC)
[2010]
Mrs CA Andrew v Commissioners for HM Revenue & Customs UKFTT 546 [2010]
Mrs ME McMillin v Commissioners for HM Revenue & Customs UKFTT 65 (TC) [2011]
Commissioners for HM Revenue & Customs v Tower MCashback LLP 1 & Another
UKSC 19 [2011]

Packed with practical examples and user-friendly commentaries, this book is an easy way of getting ahead of the competition. It will enable you to maximise capital allowances and tax related reliefs on a wide range of commercial transactions.

1 Practicalities of a claim;

2 Construction of new buildings;

3 Purchase of a new building;

4 Purchase of a second-hand building;

5 Offices - special features;

6 Retail property - special features;

7 Industrial property - special features;

8 Hotels - special features;

9 Enterprise zones;

10 Agricultural property - special features;

11 Property investors - specific issues;

12 Sale of a property;

13 Acquisition of a business;

14 Plant: system of allowances;

15 Plant: the meaning of the term;

16 Plant: treatment of common items in buildings;

17 Vehicle fleet;

18 Leasing and hire-purchase;

19 Research and development, patents and know-how;

20 Transactions within groups and between connected;

21 Claiming and disclaiming allowances;

22 Interaction with other taxes;

23 International matters;

24 Contaminated land;

25 Goodwill and other intangible fixed assets.

Martin Wilson and Steven Bone, Capital Allowances Partnership LLP

Martin Wilson MA FCA

A Chartered Accountant, Martin is recognised as the UK's leading capital allowances specialist. He is the author of more than a dozen books on the subject, including Bloomsbury Professional's Capital Allowances: Transactions and Planning. Martin is also a regular contributor to many of the industry's leading publications.

Martin co-founded The Capital Allowances Partnership Limited after 15 years with leading accounting firms, where he headed up the specialist capital allowances practice. He has personally advised some of the UK's leading companies, as well as a myriad of private investors, both in the UK and overseas.

Steven Bone BSc(Hons) PGDip.BA FRICS ATT

Steven has a first class Quantity Surveying degree and postgraduate diploma in business administration. He is is a tax-qualified Chartered Surveyor, with more than 10 years capital allowances experience. Steven joined The Capital Allowances Partnership Limited in 2004, after 7 years with 2 major accounting firms.

Steven is co-author of Bloomsbury's Capital Allowances: Transactions & Planning, and Tolley's Handbook on The Capital Allowances Act 2001 and has written extensively for tax and industry publications. He is a RICS specialist Assessment of Professional Competence panel Chairman.