Capital Allowances for Hotels, Restaurants & Office Buildings - 2024 Update

Introduction

Never have capital allowances been so front and centre of the Government’s drive to encourage investment.

This webinar will outline the implications for capital allowances following the Finance Act 2024. This will include a focus on the 100% full expensing, 130% super deduction and the 50% first year allowance as well as the designated Freeports with their own tax regime.

Aimed at accountants, tax advisors, lawyers, and property professionals, this webinar will also explore the new structures and buildings allowance introduced in the Finance Act 2019.

What You Will Learn

This webinar will cover the following:

• 100% full expensing and 130% super capital allowances
• 50% first year allowance
• Structures and buildings allowance
• Designated Freeports with their own tax regimes
• Developments / refurbishments
• Landlord contributions and capital allowances implications
• Capital allowances on assets creating an ambience
• Land remediation relief
• Missed capital allowances opportunities
• Acquisitions - key issues when buying and selling properties
• Opportunities for tax repayments following the extension of carrying back losses to 3 years
• Annual investment allowance

This webinar was recorded on 20th August 2024

You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.