Alternative finance arrangements

Commentary – Practical Capital Allowances ¶220-090

Alternative finance investment bonds

Commentary – Practical Capital Allowances ¶220-100

Anti-avoidance provisions

Capital payments in respect of

Commentary – Tax Reporter ¶228-550

Generally

Commentary – Practical Capital Allowances ¶256-700 ; Practical Capital Allowances ¶256-800 ; Tax Reporter ¶269-500

Taking over leasee payment obligation

Commentary – Tax Reporter ¶228-600

Capital allowances

Corporation tax

Commentary – Tax Reporter ¶236-110

Income tax

Commentary – Tax Reporter ¶236-105
HMRC Guidance – CA29450

Qualifying activities

Commentary – Tax Reporter ¶236-185

Corporation tax

Capital allowances

Commentary – Tax Reporter ¶236-110

Change of ownership

Commentary – Tax Reporter ¶731-570 ; Tax Reporter ¶731-580

Generally

Commentary – Tax Reporter ¶711-120

Leasing partnership, profit sharing on allowable basis

Commentary – Tax Reporter ¶731-560

Reconstructions

Commentary – Tax Reporter ¶710-010 ; Tax Reporter ¶731-550

Diminishing shared ownership

Commentary – Practical Capital Allowances ¶220-090

Exclusion from first-year allowances

Commentary – Practical Capital Allowances ¶190-150

Exclusions

First-year allowances

Commentary – Tax Reporter ¶237-150
HMRC Guidance – CA23110
Case Law – Bourne (H.M. Inspector of Taxes) v. Auto School of Motoring (Norwich), Ltd Frazer (H.M. Inspector of Taxes) v. Trebilcock (trading as Vernons School of Motoring) Coghlin (H.M. Inspector of Taxes) v. Tobin (trading as Thanet School of Motoring)

Finance leases

– see Finance leases

Generally

Commentary – Practical Capital Allowances ¶155-700 ; Practical Capital Allowances ¶220-000

Giving effect to allowances and charges

Corporation tax

Commentary – Practical Capital Allowances ¶152-600

Income tax

Commentary – Practical Capital Allowances ¶152-600

Hire purchase

– see Hire-purchase

Historical development of tax rules

Commentary – Practical Capital Allowances ¶220-010 ; Practical Capital Allowances ¶220-020

IFRS 16

Commentary – Practical Capital Allowances ¶220-065

Lessees, plant and machinery provided by

Commentary – Practical Capital Allowances ¶220-110

Long funding leasing

– see Long funding leasing

Loss relief

Commentary – Tax Reporter ¶261-050

Multiple leases

Commentary – Practical Capital Allowances ¶220-030

Operating leases

– see Operating leases

Qualifying activity

Commentary – Practical Capital Allowances ¶220-000

Qualifying expenditure

Commentary – Practical Capital Allowances ¶220-000

Rent factoring

Commentary – Tax Reporter ¶241-995

Ships

Commentary – Practical Capital Allowances ¶235-250

Short-life assets

Commentary – Practical Capital Allowances ¶205-200

Short-term leasing

Commentary – Tax Reporter ¶240-700

Sideways relief, restriction

Commentary – Tax Reporter ¶261-050 ; Tax Reporter ¶290-800
HMRC Guidance – BIM85730

Special leasing

Commentary – Practical Capital Allowances ¶220-040

Timing of expenditure

Commentary – Practical Capital Allowances ¶220-070

Trade or special leasing

Commentary – Practical Capital Allowances ¶220-040