The 1990 Budget...? Property management and capital allowances

Explores the treatment of capital expenditure under the pre‐1990 Budget capital allowances regime, and its division into initial allowance, writing down allowance, and balancing allowance. Examines the scope for change as a result of the Budget. Concludes that the potential for tax savings under the capital allowances provisions may increase if the Chancellor extends relief to buildings outside the enterprise zones in response to current debate.