In recent years, full expensing has emerged as a powerful incentive for businesses to maximise their investments and minimise their corporation tax liabilities. As the… Read More »Full Expensing: A Game-Changer for UK Capital Investment, the end of the Super-deduction, and other Corporation Tax changes
Capital allowances are an expenditure a business may claim against its taxable profit. When a business incurs costs, such as salary payments, it can usually… Read More »Capital allowances and the super deduction
As part of the Budget announced on 3rd March 2021, the Government introduced new temporary first-year allowances, including a 130% super-deduction, which will take effect… Read More »Capital allowances from 1st April 2021
How to minimise business tax in 2018/19 If there’s one thing that keeps us awake at night it’s the thought of how many British businesses… Read More »Capital allowances for plant and machinery
Almost two thirds of UK businesses generated a cash surplus in the last tax year, according to research by the Institute of Chartered Accountants in… Read More »Businesses delay capital investment