This session is designed for accountants needing a refresher on capital allowances. It will cover all aspects of the topic which often causes issues with advisers. Topics covered will include (subject to any recent announcements): Capital v revenue: are we thinking about capital allowances at all, or can we claim a deduction for the costs? The definition of plant and machinery: including a review of recent case law, Computational issues to include grant funded assets and first year allowances/annual investment allowances, Plant and machinery in buildings: Integral features and the process of sale including interaction with s198 claims, Structures and buildings allowance, Interaction with CGT