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	<title>Buy Property &#187; HMRC</title>
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		<title>Capital Allowance Claims: More on Section 198</title>
		<link>http://buy-property.us/capital-allowance-claims-more-on-section-198-3/</link>
		<comments>http://buy-property.us/capital-allowance-claims-more-on-section-198-3/#comments</comments>
		<pubDate>Tue, 16 Aug 2011 09:04:57 +0000</pubDate>
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				<category><![CDATA[HMRC]]></category>
		<category><![CDATA[balancing charge]]></category>
		<category><![CDATA[capital allowance]]></category>
		<category><![CDATA[capital allowances]]></category>
		<category><![CDATA[charitable organisations]]></category>
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		<category><![CDATA[election notice]]></category>
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		<category><![CDATA[plant and machinery]]></category>
		<category><![CDATA[plant machinery]]></category>
		<category><![CDATA[section 198]]></category>
		<category><![CDATA[tax implications]]></category>
		<category><![CDATA[tax relief]]></category>

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		<description><![CDATA[When a person engaged in a “qualifying activity” as defined under section 15 of the Capital Allowances Act sells a building, it can have very serious tax implications both for the buyer and seller. By looking at the issues carefully, it is possible to arrive at a sale agreement that is advantageous to both the [...]]]></description>
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