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

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Filed under Accountancy & Tax Stuff, Business advice

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