Tax Reliefs for Freeports

Tax Reliefs for Freeports

We wrote recently about the ‘super-deductions’ and their impact on property investors. Whilst it wasn’t all good news, I was hoping to be more optimistic about the eight new UK Freeports announced in the Budget on 3 March. The prospect of Freeports isn’t new and has...
New Capital Allowance measures and Real Estate

New Capital Allowance measures and Real Estate

Reflecting on the recent Budget announcements on 3 March, we look at the unexpected positive announcement of the new capital allowance measures. A question still on our mind, however, is whether real estate investors will be excluded from the new “super-deductions”?...
A New Tax Relief for Expenditure on Structures and Buildings

A New Tax Relief for Expenditure on Structures and Buildings

In recognition of the need to incentivise businesses to invest in the creation of new assets in the current economic uncertainty, the government has introduced a new capital allowance called structures and buildings allowance (SBAs).  The essence of which is to enable...
A 50 year relief?

A 50 year relief?

Is this a new capital allowance to celebrate?  A fanfare accompanied the announcement on 29th October 2018 of a new capital allowance on expenditure on commercial building and structures. Although the final legislation is pending, we know that the new Structures and...