Capital allowances are given for various types of capital expenditure, but the most commonly available allowances are for “plant and machinery”. It is therefore important to understand the meaning of this term. Capital allowances are, of course, a legitimate form of tax relief relevant to most businesses and commercial property investors. This article will considerRead more
24 July 1996 is one of a number of significant dates for capital allowances. If you are buying a property, whether old or new, you will need to prove your entitlement to claim allowances. You will also need to prove your entitlement if you are trying to claim allowances on a property which you boughtRead more
Property owners ought to check their recent capital expenditure as they may qualify for the Business Premises Renovation Allowance (BPRA), which is coming to an end on the 31st March for corporate tax payers and 5th April for individuals. What is the BPRA? BPRA was introduced in 2007 to give an incentive to bring derelict or unused properties in a disadvantagedRead more
Will the new Chancellor continue the Government’s commitment to promoting economic growth via capital investment incentives such as the Annual Investment Allowance in Wednesday 23rd November’s Autumn Statement? Stuart Rivers of capital allowance specialists Stuart Rivers Associates really hopes so. In fact he would encourage Mr Hammond to take the opportunity to increase this particularRead more
Stuart Rivers Associates have promoted Jamie Wheldon MRICS to Partner. Jamie is well known in Yorkshire property circles. He joined the firm in 2015 bringing over twenty years’ experience in property and finance. Commenting on his promotion Jamie said: “Stuart Rivers Associates is a niche Yorkshire firm which can hold its own with any competitor.Read more
Stuart Rivers Associates has been inspired to take part in a new corporate team building project. We have joined the Global Corporate Challenge (GCC) and over the next year will be competing with hundreds of thousands of employees around the world and improving our health and wellbeing at the same time. Commenting on the GCCRead more
We have recently promoted two members of our management team. Ian Mayor and Jonathan Pearce are now both senior associates. Ian’s new position reflects the significant contribution he has made to developing new contacts and professional partnerships, particularly with accountancy and legal firms. With responsibility for marketing and business development, he has seen many changesRead more
The retail and leisure sector may be experiencing improved trading conditions, but it would be fair to say that very few operators are preparing to relax too much when it comes to expenditure. Why then, when cost efficiencies are indelibly printed at the forefront of every business’ mind these days, are some of the biggestRead more
Just a few points on yesterday’s Budget: Enterprise Zones Enhanced Capital Allowance (ECA) claims in Enterprise Zones are set to continue for eight more years following the introduction of the latest Enterprise Zones. These new Enterprise Zones will be located in Coleraine (NI), Cornwall, Dudley, Loughborough, Leicester and Port Talbot (Wales). Sheffield’s Enterprise Zone will also beRead more
From 1st January 2016, the Annual Investment Allowance (AIA) has now changed to £200,000 from £500,000. Although the way the transitional rules have been structured means a business with a 31st March 2016 year-end will have a maximum of £425,000 for the period up to 31st December 2015. However, no more than £50,000 of the business’s actual expenditure would be eligible forRead more
