- Sets out planning points to ensure best practice, highlighting potential pitfalls and how best to avoid them.
- Covers all UK capital allowances - to save precious research time
- Completely cross-referenced to CAA 2001, appropriate case law, HMRC manuals and other material.
- A - Z commentary on more than 100 items to help you determine whether they can be claimed as plant and machinery
Includes a section on buying and selling property, with explanations advising when and how allowances can be claimed on fixtures, and why this needs to be considered before exchanging contracts, and a chapter covering common areas of difficulty, detailing changes to first year allowances, short and long life assets, anti-avoidance legislation and treatment of storage trades.
"Ray Chidell's Capital Allowances has had a place in our library for many years and his new 2008-9 edition is a strong contender in our reference library. The book covers the full spectrum of capital allowances. Ray Chidell's Capital Allowances has had a place in our library for many years and his new 2008-9 edition is a strong contender in our reference library.
The A-Z of plant and machinery has always been a useful reference guide to eligible assets with its cross references to case law and HMRC manuals, as well as the author's informed commentary."
Taxation, 19th March 2009
Ray Chidell started his professional career as an Inspector of Taxes, and then worked for 14 years as a tax specialist in two mid-tier accountancy firms, including six as a tax partner with Mazars. He has written extensively on capital allowances and employee benefits and in September 2011 he launched Claritax Books.
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