Gateley

This Practice Note explains the capital allowances rules for plant or machinery that is classified as an integral feature, such as electrical, cold water and heating systems. It covers the meaning of an integral feature, the tax treatment of repairs to integral features, and relevant anti avoidance rules. This Practice Note was produced in partnership with Steven Bone.

This Practice Note describes the types of expenditure that will qualify for capital allowances on plant and machinery, and the different rates at which relief is given. It provides guidance on the super-deduction, full expensing, the annual investment allowance, enhanced capital allowances, short-life assets, conventional plant and machinery allowances, integral features and long-life assets. This Practice Note was produced in partnership with Steven Bone.

This Practice Note is about elections under section 198 or 199 CAA 2001, which are relevant to capital allowances claims on fixtures that change hands as part of a real estate transaction (a property sale or the grant of a new lease). It provides guidance on the legal requirements for making an election, and lists common pitfalls that may make an election invalid. This Practice Note was produced in partnership with Steven Bone and Martin Wilson.

This Practice Note is about the capital allowances for expenditure on non-residential structures and buildings. This Practice Note was produced in partnership with Steven Bone.

This Practice Note provides a brief explanation of the tax rules on capital allowances, then more detail on what is meant by capital expenditure in this context. It covers the enduring benefit test, replacement assets, like-for-like expenditure, nearest modern equivalent, the Law Shipping principle and the special rules for integral features. This Practice Note was produced in partnership with Steven Bone.