March 21, 2024Published by All Tax Accountants on March 21, 2024Categories Capital allowancesInvest and save taxThe Annual Investment Allowance (AIA) is a generous tax relief that allows for the total amount of
November 16, 2023Published by All Tax Accountants on November 16, 2023Categories Capital allowancesFull expensingThe full expensing 100% first-year capital allowance for qualifying plant and machinery assets came into
September 21, 2023Published by All Tax Accountants on September 21, 2023Categories Capital allowancesRepairs or replacement of business assetsThe term 'capital allowances' is used to describe the allowances available to businesses to secure tax
August 31, 2023Published by All Tax Accountants on August 31, 2023Categories Capital allowancesCurrent capital allowances for car purchasesIf you are thinking about purchasing a company car through a limited company, there are many issues that
April 6, 2023Published by All Tax Accountants on April 6, 2023Categories Capital allowancesFull expensing started 1 April 2023The new 100% first-year capital allowance for qualifying plant and machinery assets known as full
March 16, 2023Published by All Tax Accountants on March 16, 2023Categories Capital allowancesSpring Budget 2023 – Capital allowancesDesigned in part to help offset the increased Corporation Tax main rate, the Chancellor announced the
December 8, 2022Published by All Tax Accountants on December 8, 2022Categories Capital allowancesSuper-deductions finish March 2023Time is running out to claim the super-deduction offering 130% first-year tax relief. The deduction is
November 3, 2022Published by All Tax Accountants on November 3, 2022Categories Capital allowancesWhat qualifies for First Year AllowancesBusinesses can claim a 100% first-year allowance (FYA) on the purchase of certain qualifying Plant and
September 29, 2022Published by All Tax Accountants on September 29, 2022Categories Capital allowancesCapital Allowance PoolsA Writing Down Allowance (WDA) is available for plant and machinery expenditure that exceeds the Annual