Capital expenditure - getting the tax treatment right
Event type: Mastercourse
Making the most of the new climate of low capital allowances
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Date
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Location
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Price
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29 August 2012 - 09:30
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London
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Price: GBP 599.00
Members: £539.00
Corporate discount scheme: £415.00
+ VAT on all prices
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8 November 2012 - 09:30
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Manchester
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Price: GBP 599.00
Members: £539.00
Corporate discount scheme: £415.00
+ VAT on all prices
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3 December 2012 - 09:30
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London
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Price: GBP 599.00
Members: £539.00
Corporate discount scheme: £415.00
+ VAT on all prices
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Who will benefit
Accountants who advise on, or are involved with, capital expenditure by businesses in the UK.
What you can gain
Capital allowances, after being relatively stable for over thirty years, have seen major changes in the last few years, culminating in much lower rates of allowances on plant, and the abolition of allowances on buildings. This course will ensure that you:
- understand the implications of these changes
- appreciate the interaction between capital expenditure on plant and buildings under the new regime
- grasp the impact of the new rules on the purchase of business cars and commercial vehicles
- are aware of the tax effects of the various methods of financing capital expenditure such as leasing, hire purchase, and raising borrowings.
Speaker Details
The speaker will be drawn from a pool of subject specialists who are qualified professionals. Having worked for leading organisations they will bring their subject to life by relating the course content to real life case studies.
Outline
- The difference between revenue and capital expenditure and areas of difficulty in practice.
- The definitions of 'plant' in the Capital Allowances Act 2001 and case law.
- Building alterations associated with the installation of plant.
- Features integral to a building - the new category of plant introduced in 2008.
- The annual investment allowance - how it works and anti avoidance.
- Writing down allowances.
- The new rules for cars from 2009.
- Capital allowance changes from 1 April 2012.
- Allowances for leasing (and hire purchase) - compared to buying.
- Capital allowances buying - anti avoidance.
- Treatment of finance costs.
The course starts at 9.30am, with registration and coffee from 9.00am, and ends at 4.30pm. Lunch and refreshments are provided.
5.5 CPD hours (where appropriate)
Prerequisites