A-Z of Plant & Machinery 2023-24

The 2023-24 editions may now be ordered, singly or as a bundle. Payment will be taken immediately and the books will be dispatched as soon as they are published, around the end of April.

A practical, asset-by-asset guide to whether and when expenditure qualifies for plant and machinery allowances.

Save hours of time, and be confident of getting the right answer, when analysing expenditure for capital allowances claims. This practical and unique book, in A-Z format, explains when and why you can/cannot claim for the cost of more than 300 types of expenditure, including building alterations, barriers, car parks, clothing, demolition costs, tennis courts, ventilation systems, and much more (see full table of contents below).

The text provides clear, authoritative explanations as to what qualifies for plant and machinery allowances in given circumstances. Each entry includes appropriate statutory and case law references, together with HMRC guidance and the authors’ personal commentary, based on their practical experience of advising businesses on capital allowances over many years.

This book complements our Capital Allowances title and the two may be bought together as a discounted bundle – see top of page. Together, the two books offer more than 1,000 pages of practical and clearly written commentary, arranged in a user-friendly and accessible format.

“The nuances often involved in determining if something is plant and machinery are explained with clarity and precision.” – Taxation review of earlier edition

Contents (in brief)

• Capital allowances
• Case law
• Revenue or capital expenditure
• A-Z of Plant & Machinery
• Appendices

New for this edition

• Expanded commentary on plant v premises
• HMRC examples of property-related expenditure likely to be classified as capital in nature
• Commentary on alteration of land updated and greatly expanded
• Extension of first-year allowances for electric vehicle charge-points
• Updated commentary on “the provision of”.
• Updated commentary on “regulatory compliance”
• Commentary on solar panels updated and expanded

The following table of contents and extract are from the 2022-23 edition. These will be updated approximately two weeks before publication.

VIEW FULL TABLE OF CONTENTS

VIEW SAMPLE EXTRACT