Specialist Tax News

Planning moves before the big reduction in capital allowances

From April 2012, your business (whatever its size or area of activity) will only be able to claim 100% tax write-off on capital expenditure on machinery, furniture and other plant if you spend no more than £25,000 in the year. That compares with a current level of £100,000.

There are several ways of reducing the impact of this big reduction, including careful timing of when you buy. Please contact us to discuss the opportunities in your particular circumstances.

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