Annual Investment Allowance Archives | Taxfile https://www.taxfile.co.uk/category/annual-investment-allowance/ Tax advice & accounting services for South London businesses & SMEs Sun, 31 Oct 2021 20:57:59 +0000 en-GB hourly 1 Summer Budget 2015 – Key Tax Takeaways https://www.taxfile.co.uk/2015/07/summer-budget-2015/ Fri, 17 Jul 2015 11:46:54 +0000 http://www.taxfile.co.uk/?p=1478 The Summer Budget was announced last week and in this blog post we’ll take a look at only those changes which will affect ordinary taxpayers and SMEs. In his opening remarks, the Chancellor of the Exchequer, George Osborne, promised: A Budget … to keep moving us from a low wage, high tax, high welfare economy; […]

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]]> Highlights from the Chancellor’s Budget, 18 March 2015 https://www.taxfile.co.uk/2015/03/highlights-from-the-chancellors-budget-18-march-2015/ Thu, 19 Mar 2015 15:51:20 +0000 http://s168566730.websitehome.co.uk/Taxfile-WP-site/?p=1069 Along with some encouraging news about the UK economy, some interesting new measures were announced in the Chancellor’s Budget yesterday and below we highlight those which we feel will directly impact the majority of UK taxpayers: As widely forecast, the tax-free allowance will increase. The amount people can earn before paying tax will rise to […]

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]]> The Chancellor’s Budget, March 2014 https://www.taxfile.co.uk/2014/03/budget-march-2014/ Thu, 20 Mar 2014 15:04:45 +0000 http://www.taxfile.co.uk/blog/?p=680 The Chancellor, George Osborne, has now presented his March 2014 Budget to Parliament. There was lots of talk about the economy, growth forecasts, supporting UK businesses and employment – as well as some obvious political spin bearing in mind the European and General Elections are just around the corner – however we thought we’d concentrate […]

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]]> Annual Investment Allowance https://www.taxfile.co.uk/2009/05/annual-investment-allowance/ Sat, 30 May 2009 10:54:00 +0000 http://www.taxfile.co.uk/new-Taxfile-WP-blog/?p=33 Capital allowances are set by the government at fixed rates at which a business can claim the expenditure on fixed assets against the taxable profit. From April 2008 the 50 per cent and 40 per cent first year allowances was replaced with a 100 per cent Annual Investment Allowance for capital purchases in any one […]

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