We were delighted to launch our new website incorporating our new logo earlier this month. It was designed by Leeds based Leigh Richardson from AAPM. We hope you like it. With a fresh new look, it is now far easier to view and navigate, whether on desktop or mobile. We will be adding regular newsRead more
We would like to thank all our clients and friends in the business community for their support during 2017 and to wish all a Merry Christmas and a Happy New Year. During 2017 we have celebrated our 10th year in Harrogate, exam success for our young surveyors and last but no means least the safe arrivalRead more
Here at Stuart Rivers Associates, we are celebrating our tenth year in Harrogate and almost 25 years in business. Although we are based in Harrogate, we advise accountants, tax advisors, solicitors, investors, developers, occupiers and others the length and breadth of the UK and sometimes Europe. As capital allowance consultants we have written thousands ofRead more
Capital allowances are relevant for virtually every business in the UK as well as for investors in commercial property. In the context of allowances there is an important distinction between commercial property and residential property. Capital allowances are given for certain categories of capital expenditure, most commonly on plant and machinery. Allowances are not typicallyRead more
If you have the opportunity to locate your business in an enterprise zone (EZ), you might have the opportunity to claim enhanced capital allowances (ECAs). EZs provide simplified planning and business rates discounts. Some EZs also provide ECAs for qualifying plant (100% tax relief in the first year). These are applicable only to trading companies, for expenditureRead more
In our last article, exploring how capital allowances are received, we mentioned first-year allowances (FYAs). FYAs give tax relief more quickly than writing-down allowances and include enhanced capital allowances (ECAs). ECAs were introduced to provide an incentive for occupiers, investors and developers to include energy and water saving plant and machinery (P&M) in commercial properties. P&MRead more
In our last article, we explored the levels of capital allowances available in different property sectors. We will now explain how they are received. Taxpayers usually receive allowances on a reducing balance basis over time. The term used is writing-down allowances (WDAs). The rate at which you receive WDAs depends on the types of plant and machinery in the property andRead more
In our last article we explored the meaning of plant and machinery in the context of capital allowances. In this article we will explore the level of capital allowances in different property sectors. Capital allowances are given for various types of capital expenditure but the most commonly available allowances are for plant and machinery. Capital allowances areRead more
Rolls Royce’s new £110m turbine blade factory was recently finished in Rotherham. Not only is it the most advanced of its kind in the world but its Rotherham location makes it yet another coup for the highly successful Sheffield City Region Enterprise Zone. Situated on the Zone’s Advanced Manufacturing Park, the new facility has receivedRead more
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
