|Publication||29 October 2019|
|Editors||Six Forward Capital Allowances|
|Suitable for||Tax advisers; Capital allowances specialists|
Capital Allowances Act 2001
This book serves two purposes.
First, it is a handy copy of the legislation, especially suited to those specialising in this field who need a copy of the Act with them at all times. The book has the full text of the Capital Allowances Act 2001, as it applies for the tax year 2019-20 (so, for example, it includes the full statutory provisions for structures and buildings allowances but does not include those for industrial buildings allowances). This is the only available standalone volume for this Act.
Second, it provides the most comprehensive available list of cross references to both the HMRC Capital Allowances Manual and to commentary written for professionals. So if, for example, you need to think about s. 84 (cases in which short-life asset treatment is ruled out), you have the full text of the legislation itself, and you can also see the two HMRC references to s. 84, and the three references to that section in our own volume Capital Allowances 2019-20. Annotations include all references to the legislation in HMRC's Capital Allowances Manual, and all references in our own Capital Allowances 2019-20. See the sample shown below.