TITLE

Capital allowances on foreign-leased assets: Inland Revenue concession

PUB. DATE
February 1983
SOURCE
Accountancy;Feb1983, Vol. 94 Issue 1074, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the reduction in capital allowances for foreign-leased machinery and plant assets in Great Britain, according to section 70 of the Finance Act 1982. Coverage of the depreciation allowance reduction; Lease types covered.
ACCESSION #
5905960

 

Related Articles

  • New capital allowances. Greene, Chris; Maddalena, Christina // Accountancy;Jan1993, Vol. 111 Issue 1193, p83 

    The article focuses on new proposals on capital allowances announced in the Chancellor's Autumn Statement in Great Britain. A 40% first year allowance is available for expenditure incurred on plant and machinery between November 1, 1992 and October 31, 1993. Businesses will be able to disclaim...

  • PLANT: DIGGING FOR A DEFINITION. Sales, Chris // Accountancy;Jul1994, Vol. 114 Issue 1211, p80 

    Discusses Section 117 of the Finance Act of 1994 in Great Britain. Criticism on Clause 110 which provide that buildings, structures or land cannot qualify for capital allowances as plant or machinery; Identification of assets that are incorporated in buildings; Meaning of "doors" and "gates" in...

  • New capital allowances. Greene, Chris; Maddalena, Christina // Accountancy;Jan1993, Vol. 111 Issue 1193, p83 

    The article focuses on new proposals on capital allowances announced in the Chancellor's Autumn Statement in Great Britain. A 40% first year allowance is available for expenditure incurred on plant and machinery between November 1, 1992 and October 31, 1993. Businesses will be able to disclaim...

  • Capital allowances on long-life assets. Champ, Hamish; Dunham, Robin; Irvine, Julia; Maddalena, Christina; Meek, Vicky // Accountancy;Jan1997, Vol. 119 Issue 1241, p89 

    The article reports on changes in rules governing the capital allowances on long-life assets in Great Britain. For plant and machinery bought on or after November 26, 1996 and having a working life of 25 years or more, the annual rate of capital allowances will be 6% a year on the reducing...

  • CAPITAL ALLOWANCES.  // Finweek;2008 Financial Taxation Supplement, p33 

    The article offers information on the government policy of capital allowances in South Africa. On or after March 1, 2002, new or unused manufacturing assets acquired and bought into use will be written-off over a period of 4 years. Meanwhile, manufacturing assets acquired by small business...

  • Valuing Depreciable Assets. Kraizberg, Elli // Journal of Accounting, Auditing & Finance;Spring93, Vol. 8 Issue 2, p115 

    The 1986 Tax Reform Act is likely to extend optimal homing periods of depreciable assets until the point in time at which the tax basis is exhausted. Additionally, practitioners in the real estate markets tend to argue that the 1986 Tax Reform calls for a major reduction in depreciation tax...

  • End of Year Brings Significant Tax Implications for Farmers.  // Corn & Soybean Digest Exclusive Insight;12/10/2011, p2 

    The article offers the insights of educator David Marrison on the benefits of federal tax code on farmers. He says that the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 has extended the depreciation bonus for 2011 and 2012 allowing farmers to deduct 100% of...

  • Footnote on Declining-Balance Depreciation. Pye, Malcolm L. // Accounting Review;Apr65, Vol. 40 Issue 2, p451 

    The article discusses the concept of declining-balance depreciation. The article consists of three formulas which can be useful where computations as to periodic or accumulated depreciation under a declining-balance method are required. Just as a premature disclosure of the guilty party of a...

  • TAX DEPRECIATION VERSUS ACCOUNTING DEPRECIATION IN ROMANIA AFTER JOINING THE EUROPEAN UNION. Trifan, A.; Anton, C. E. // Bulletin of the Transilvania University of Brasov. Series V: Eco;2010, Vol. 3, p335 

    In order to give a true and fair view, accounting should be led by its own principles, without being distorted by value adjustments for taxation purposes. To achieve this goal, accounting must be separated from taxation, i.e., the tax recognition of the magnitude of some expenditure should not...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics