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 will cover the following topics during this webinar:

  • 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

 

Attendees will leave with a clear understanding of the potential value of tax relief available through capital allowances claims and an understanding of when such claims can be made.

 

Course Level: Foundation / Intermediate

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.