Articles

Do you know how the change in Legislation could financially affect you?
Do you know how the change in Legislation could financially affect you?

A Government Legislation surrounding Capital Allowances was recently changed on 1st April 2014, instructing the identifying of a ‘pooling requirement’ and ‘Fixed Value Requirement’ to be achieved at point of sale. If the parameters of this new measure are not adhered to, any possible Capital Allowances relief, available for either the Purchaser or Vendor, would be lost forever.

Do you own Commercial Property?
Do you own Commercial Property?

Simply put: In Government Legislation it is written (obviously reading between the lines and removing the exhausting amount of caveats) If you own a Commercial Property, everything which is inside that building, other than the bricks and mortar, is tax deductible.