Course Details

The capital allowances regime has possibly never been more complex than it is today, with a long list of potential allowances available, and a convoluted maze governing who qualifies for what and when. Recording and categorising capital expenditure correctly and choosing the best allowances for your business to claim, are the keys to maximising the benefits: both now and in the future.

 

Topics which are covered include:

 

  • Overview of the capital allowances regime, what is available, and to who
  • Categorising capital expenditure: identifying qualifying plant and machinery; is it a car or a van; is it really capital expenditure after all; other issues to consider
  • Timing issues: hire purchase, extended credit, when is expenditure incurred for capital allowances purposes?
  • Why the 130% super-deduction may still be relevant and what to look out for
  • Allowances coming to an end soon: buy now, or pay the price later
  • Choosing the best allowances for your business: the hierarchy

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CPD Course Speaker

BSc FCA, Author and Presenter

Carl Bayley

Carl Bayley is the author of a series of plain English tax guides designed specifically for the layperson and the non-specialist (available from www.taxcafe.co.uk). His particular speciality is his ability to take the weird, complex, inexplicable world of taxation and set it out in the kind of clear, straightforward language taxpayers themselves can understand. Carl takes the same approach when speaking on taxation, a role he frequently undertakes with great enthusiasm, including his highly acclaimed annual ‘Budget Breakfast’ for the ICAEW. He has spoken on taxation on radio and television, including the BBC’s ‘It’s Your Money’ programme and BBC Radio 2’s Jeremy Vine Show. Carl is a past Chairman of the Tax Faculty of the ICAEW and former member of the Institute’s governing Council and Board. Aside from his tax books, Carl is an avid creative writer. His first novel, Trinity of Souls, was published in 2024, with his second, Destiny of Souls, following in March 2025. When he isn’t working, he takes on the equally taxing challenges of hill walking and horse riding: his Munro tally is now 106 and, while he remains a novice rider, his progress is cantering along nicely. Carl lives in the Scottish Borders, where he enjoys spending time with his partner, Linda.