C

    Capital gains tax - Specific types of asset - Land and interests in land - Miscellaneous provisions relating to land - Buildings qualifying for capital allowances - 49200

    Losses arising on the sale of a building may be restricted to take account of capital allowances previously given. However, a building is treated as being part of the land and, as such, the restriction...

    Changes to claiming capital allowances on fixtures

    If a client is seeking to claim capital allowances on fixtures included in a previously-owned building they’ve just acquired, you’ll need to advise them of the new restrictions which took...