In Focus …
Immediate Action Required – Property Transactions After 31 March 2014
The way in which plant and machinery allowances pass between the sellers and buyers of commercial property changes after 31 March 2014. Buyers are at a very high risk of losing entitlement to tax relief unless they amend their procedures and the way in which plant and machinery allowances are considered in the conveyance process.
Download our Property Investors Information Pack, make your professional advisors aware of the changes and contact us for further assistance.
For further details on this very important issue see here