Course description
The Finance Act 2023 has introduced some key changes to the capital allowances regime and this webinar with leading trainer John Lovell will explore the opportunities to maximise the generous tax relief as well as consider some of the restrictions introduced for claiming them.
The webinar will cover the new 100% full expensing for trading companies. In addition, there will be a recap on the significant changes to the capital allowances regime since April 2014 in relation to buying and selling commercial properties. Without clear and practical advice at an early stage of a transaction, allowances could now either be under claimed or permanently lost.
Aimed at property lawyers and tax advisers this webinar assumes a working knowledge of underlying capital allowances legislation.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The Finance Act 2023 has introduced some key changes to the capital allowances regime and this webinar will explore the opportunities to maximise the generous tax relief as well as consider some of the restrictions introduced for claiming them.
The webinar will cover the new 100% full expensing for trading companies.
In addition, there will be a recap on the significant changes to the capital allowances regime since April 2014 in relation to buying and selling commercial properties. Without clear and practical advice at an early stage of a transaction, allowances could now either be under claimed or permanently lost.
Aimed at property lawyers and tax advisers this webinar assumes a working knowledge of underlying capital allowances legislation.
What You Will Learn
This webinar will cover the following:
- The recently introduced 100% full expensing
- Freeport tax sites
- Structures and Buildings Allowance
- Reminder of key practical implications of FA 2014 Fixtures Legislation
- Capital contributions to tenant works
- How the rules have worked in practice
- Avoiding pitfalls when buying & selling commercial properties
- Key strategies and case studies
- Commercial Property Standard Enquiries (CPSE) responses
- Capital allowances contract wording
- Potential capital allowances changes going forwards
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...