Claiming tax relief on commercial property
Series: Facilities Management ; February 2003, 20-21(2)Publication details: 2003Subject(s): Summary: Examines the complex methods of claiming tax relief on commercial property. Explains that the term 'capital allowances' covers a range of tax relief that have a simple purpose to allow owners of commercial property to set aside funds by way of retention of profits to meet the cost of future renewals and replacements. Considers their usefulness in refurbishment schemes, in deciding whether to go for new build, pre-planning capital allowances and describes other allowances such as enhanced allowances and research and development allowances.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS66482 (Browse shelf(Opens below)) | 1 | Available | 121486-1001 |
Examines the complex methods of claiming tax relief on commercial property. Explains that the term 'capital allowances' covers a range of tax relief that have a simple purpose to allow owners of commercial property to set aside funds by way of retention of profits to meet the cost of future renewals and replacements. Considers their usefulness in refurbishment schemes, in deciding whether to go for new build, pre-planning capital allowances and describes other allowances such as enhanced allowances and research and development allowances.