Capital allowances Archives | Taxfile https://www.taxfile.co.uk/category/capital-allowances/ Tax advice & accounting services for South London businesses & SMEs Sun, 31 Oct 2021 20:57:59 +0000 en-GB hourly 1 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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