Research and analysis

OTS starts new review on capital allowances and depreciation

OTS publishes their scoping document for a review on capital allowances and depreciation



Today the OTS has published a document setting out the scope of a new review exploring the impact and challenges of replacing capital allowances with accounts depreciation. This work follows up one of the main recommendations in the OTS’s review on Simplifying the CT computation published in July 2017.

Published 21 September 2017