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Sui-Generis

The sui-generis sector consists of buildings that do not fall within any particular use class like nightclubs or petrol stations. Unusual cases could also include dredging projects and hydropower schemes.

Trades and professions can be considered as being a qualifying activity for plant and machinery capital allowances, but the rules of the Capital Allowances Act 2001 are complex. A properly formulated capital allowances claim ensures the use of the tax reliefs as they were intended.

The potential for capital allowances has increased since 2008 with the introduction integral features but loss of allowances is very real without a capital allowances specialist since 2014.

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sui-generis

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Wolverhampton WV9 5HD
funeral directors capital allowances case study

Funeral directors

Case study

One client, an established funeral director, notified the accountant of their plans to extend their existing premises to provide a new mortuary, additional offices, and a new chapel. The cost of the project was c £1.15m and span two accounting periods.

Read case study
Case study

Funeral directors

One client, an established funeral director, notified the accountant of their plans to extend their existing premises to provide a new mortuary, additional offices, and a new chapel. The cost of the project was c £1.15m and span two accounting periods.

Read case study
brewery capital allowances case study

Brewery

Case study

One such piece of work incorporated a review for the £8.5m redevelopment of derelict buildings to be brought into use as part of their client’s expanding brewing and distillery business.

Read case study
Case study

Brewery

One such piece of work incorporated a review for the £8.5m redevelopment of derelict buildings to be brought into use as part of their client’s expanding brewing and distillery business.

Read case study
Hydro Power Plant Case Study - Capital Allowances Consultants - Six Forward

Hydro power plant

Case study

There had been a high-profile case (SSE Generation v HMRC) where HMRC did not accept that certain assets qualified as plant and machinery within the hydroelectric plant and thus denied capital allowances. The profile of the case cast doubt in the mind of the accountants and their client as to the extent of allowances to be claimed.

Read case study
Case study

Hydro power plant

There had been a high-profile case (SSE Generation v HMRC) where HMRC did not accept that certain assets qualified as plant and machinery within the hydroelectric plant and thus denied capital allowances. The profile of the case cast doubt in the mind of the accountants and their client as to the extent of allowances to be claimed.

Read case study

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