At the end of July draft legislation was published confirming that the new UK Government will go ahead with the abolition of the Furnished Holiday Let (FHL) regime.

At Wandsworth Consulting, we have found that there are many common myths surrounding capital allowances UK, and we explore some of those key myths below.

Maximising capital allowances reduces taxable profit, resulting in reduced tax liability which brings significant cash savings for UK corporate and income taxpayers.

Land Remediation Relief (LRR) is a valuable tax relief available to companies that incur costs in cleaning up contaminated land or buildings.