A practical, asset-by-asset guide to whether and when expenditure qualifies for plant and machinery allowances. The book is designed to complement our main Capital Allowances title.
Save hours of time, and be confident of getting the right answer, when analysing expenditure for capital allowances claims. This practical and unique book, in A-Z format, explains when and why you can/cannot claim for the cost of more than 300 types of expenditure, including building alterations, barriers, car parks, clothing, demolition costs, tennis courts, ventilation systems, and much more (see full table of contents below).
The text provides clear, authoritative explanations as to what qualifies for plant and machinery allowances in given circumstances. Each entry includes appropriate statutory and case law references, together with HMRC guidance and the authors’ personal commentary, based on their practical experience of advising businesses on capital allowances over many years.
This book complements our Capital Allowances title and the two may be bought together as a discounted bundle - see top of page. Together, the two books offer more than 1,000 pages of practical and clearly written commentary, arranged in a user-friendly and accessible format.
The 2022-23 edition includes the following new material:
- new case law re plant v premises, entity v piecemeal basis, cold stores, silos, safety-related assets
- several new A-Z entries, including buildings adapted to comply with regulatory requirements, motorised canopies, dock levellers, etc.
- new analysis of "on the provision of" assets
