Capital Allowances - Hotels, Restaurants & Office Buildings Expenditure

Introduction

Capital allowances have become a major driver in the UK’s recovery post COVID-19 and Brexit.

This webinar will explore the new structures and buildings allowance introduced in the Finance Act 2019. In addition, the webinar will outline the implications for capital allowances following the Finance Act 2021. This will include a focus on the 130% super deduction and the 50% first year allowance as well as the designated Freeports with their own tax regime.

The webinar is aimed at accountants, tax advisors, lawyers and property professionals - never before have capital allowances been so front and centre of the Government’s drive to encourage investment.

What You Will Learn

This webinar will cover the following:

• New structures and buildings allowance
• New 130% super deductions and 50% first year allowance
• Designated Freeports with their own tax regimes
• Developments / refurbishments
• Landlord contributions and capital allowances implications
• Capital allowances on assets creating an ambience
• Land remediation relief
• Missed capital allowances opportunities
• Acquisitions - key issues when buying and selling properties
• Opportunities for tax repayments following the extension of carrying back losses to 3 years

This webinar was recorded on 8th February 2022