Category Archives: Taking Pension Early

Portal Tax Claims have once again jumped ahead of the curve with the introduction of its expert online case tracking system enabling clients to follow the progress of their cases anytime, anywhere. Used internally by the firm for a number … Continue reading →

As property owners look to reap returns from their UK homes, many are forgetting that they may be owed substantial amounts of cash from their offshore properties. Those who own furnished holiday lets, both in the UK and within the … Continue reading →

In a separate article, we noted that persons engaged in qualifying activities can claim Plant and Machinery Allowance (PMA) on expenditure they incur for providing plant or machinery for carrying on the qualifying activity. In this article, we look at … Continue reading →

Manufacturers are applauding a key change to the tax regime for capital allowance claims that gives a substantial cash boost to companies that invest in the most up to date machinery. As part of the chancellor’s plans, in the near … Continue reading →

In a separate post, we looked at capital allowances that are allowed as a deductible expense for computing taxable income. We noted that capital allowances allow long-term expenditures, such as on buildings, plant & machinery and furniture, to be written … Continue reading →

Capital allowances represent the “expensing” of qualifying assets over their useful lifetimes. Because these assets are used over a number of years, treating their whole cost as an expense in the year of purchase will distort operating results. And tax … Continue reading →