This year’s accounts are on target to show a profit despite the effect of coronavirus. However, cash flow is poor and you’re looking for ways to reduce your company’s tax bill. Might unclaimed
capital allowances help?
Published 02.12.2020
You’ve just spent £2,900 on a high-end PC for your home office on a buy-now-pay-later contract. Your family will make some use of it and your company will pay a contribution to the cost. What tax
allowances can you claim and when?
Published 07.07.2016
Unless the annual investment allowance (AIA) applies it can take well over a decade for your business to receive tax relief for the purchase of equipment. If you overlook the AIA can you go back and
claim it later?
Published 09.06.2022
The desk fans in the office won’t do the job of keeping you cool this summer. What can your company do to make your life more comfortable?
Published 17.07.2008
Tax relief in the form of capital allowances (CAs) for expenditure on equipment often goes begging or is delayed because it’s overlooked or not claimed at the right time. What steps can you take to
improve tax efficiency?
Published 29.11.2023
When you buy a business premises you can decide with the seller how much of the price relates to fixtures and equipment which tax deductions can be claimed for. But how can you be sure you’re
claiming all you’re entitled to?
Published 09.03.2010
Your company is on track to post a small loss in its current financial year. In view of this, what’s the most tax-efficient way for it to claim allowances for the expenditure it incurred on new
equipment?
Published 09.04.2018
Instead of using the already limited space in your home for an office, you’re considering creating an outbuilding in your garden. What sort of tax relief will you be entitled to on the cost of the
structure and its running costs?
Published 12.12.2016
HMRC recently updated its toolkit on the different tax treatment of capital and revenue expenses. But what it doesn’t tell you is that some capital costs are never tax deductible. How can you improve
your chances of qualifying?
Published 16.07.2013
From April the rules changed for claiming capital allowances (CAs) on plant and machinery included in a building. Property buyers in particular need to take care or they could lose their right to
claim a tax deduction. What’s the full story?
Published 02.05.2012