Course Details

Capital allowances are a form of tax relief for capital expenditure incurred on certain assets. Similar to depreciation for accounting purposes, the relief operates as a write off of the expenditure incurred over a certain period for certain assets in use for the purposes of a trade or rental business.

 

Niall Hanton covers the following topics during this course:

  • Overview of capital allowance – why should it should be considered?
  • Relevant case law, legislation and guidance,
  • Who can claim capital allowances?
  • What expenditure can qualify?
  • How can a capital allowance claim be beneficial & timeline for benefits

 

CPD Club

Enjoy all of the premium features of the ultimate resource for the UK Accounting Community.

CPD Course Speaker

OmniPro Tax and Legal

Niall Hanton

Niall brings a wealth of experience across various tax areas, including corporate restructuring, succession planning, business acquisitions and disposals, tax due diligence, and corporate and personal tax compliance. Niall comes from a top 6 firm which has undergone rapid market growth over the last number of years bringing a wealth of knowledge from that fast-paced environment.

Niall's expertise extends to a wide range of industries, including retail, agriculture, manufacturing, hospitality, professional services, and more. Additionally, his background in tax, combined with experience providing accounting advise surrounding transactions, makes him a valuable asset to our team.