4 Solicitors
The issue of Capital Allowances in a property purchase or sale often takes far longer than it should to resolve. This can be due to a lack of information or sometimes it is due to confusion over the basic principles.
The issue of CAA 2001, section 198 Elections is, in our experience, the main problem area. Over the last year we have seen many instances of incorrect or inaccurate wording, which could lead vendors or purchasers open to a significant tax loss, if not resolved which in turn could leave you as their Lawyer liable!.
For more information on these issues and how we can help you to help your clients, download a guide from the technical section. Alternatively e-mail us your query at helpline@ca-4.co.uk
We also offer in-house sessions that provide an interactive opportunity to explore all of the issues- Interested? Just click here>>
Latest News
06.12.11 Proposed Changes to Capital Allowances confirmed
The Government today confirmed proposed fundamental changes to the current Capital Allowances regime on fixtures, as well as some other changes to tax relief on property.
More>05.09.11 Consultation on Pooling closes
The Consultation period on the proposed introduction of time limits for the pooling of capital allowances closed on 31st August.
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