You’re making a business plan for a new business. Naturally, tax is an important factor, especially the timing of capital allowances (CAs) for the purchase of equipment. What equipment qualifies for
CAs and how much can you claim?
Published 06.02.2024
Last month, the annual investment allowance was drastically cut from £100,000 to £25,000. Worse still, if you don’t time the purchase of equipment right you’ll lose out by even more. What is this
trap and how can you avoid it?
Published 14.05.2012
The recent hike in the annual investment allowance (AIA) is intended to encourage spending on equipment to help boost the economy. But for some businesses it won’t take full effect for a while. What
can you do to speed things up?
Published 18.02.2013
Mr Osborne has decided on drastic measures by slashing the annual investment allowance and cutting the rate of capital allowances. But these changes don’t take effect immediately, so what steps can
you take now to maximise tax relief?
Published 07.07.2010
This is the final year that the £100,000 annual investment allowance (AIA) comes into play for purchases of equipment etc. What steps can you take now and after your current accounting period to make
the most of this?
Published 20.09.2012
The annual investment allowance (AIA) rules contain an in-built trap for businesses that choose to repair or renovate equipment rather than replace it. But does a recent change to the law mean that
you can now forget about this?
Published 15.06.2010
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
Business is poor, money is tight and even worse the firm’s van is on its last legs and without it you can’t trade. But is there a way you can afford a new van with some help from the Taxman?
Published 15.01.2009
In April the annual investment allowance (AIA) for the cost of equipment will be slashed from £100,000 to just £25,000. But if your company intends to spend more than this, there’s a nifty and
legitimate way to claim more AIA.
Published 08.02.2012
Unlike most other tax deductions you can choose whether or not to claim capital allowances. So if your company has made a loss, you may think it’s not worth the effort. But is that the right choice?
Published 05.02.2010