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capital allowances

Q&A When is it appropriate to claim a wear and tear allowance versus the renewals allowance?

This might be a common situation for people who decide to let their flat furnished either after moving or relocating.

Business Capital allowances - what property advisers need to know

As expected, the Finance Act 2012 has brought about a sea change in the way capital allowances and tax relief on plant and machinery investment works.

Updates Enterprise Zones – Capital Allowances

Businesses in six of the recently created Enterprise Zones will now be able to claim 100 per cent capital allowances for spending on plant and machinery made between April 2012 and March 2017.

Business Tax allowances, reliefs and incentives

The Tax Guide, in association with HMRC have outlined  a variety of tax allowances, reliefs and incentives that might be useful to your business.

Updates Business Tax Changes for 2011

The main rate of VAT was increased to 20 per cent from 4 January 2011. Rates and thresholds for the flat-rate scheme were also increased.