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Simply capital

By: Contributor(s): Series: Accountancy ; 129(1306) June 2002, 144-5(2)Publication details: 2002Subject(s): Summary: Highlights how capital allowance and capital gains taper relief provide a useful source of legitimate tax savings. The article discusses some practical examples of tax-efficient real estate strategies. Details some scenarios for the purchase of an office building; industrial premises; energy-efficient capital allowances; expenditure on contaminated land; buying and selling buildings and refurbishing and fitting out buildings.

Highlights how capital allowance and capital gains taper relief provide a useful source of legitimate tax savings. The article discusses some practical examples of tax-efficient real estate strategies. Details some scenarios for the purchase of an office building; industrial premises; energy-efficient capital allowances; expenditure on contaminated land; buying and selling buildings and refurbishing and fitting out buildings.