Capital Allowances

Capital Allowances can prove incredibly valuable to UK businesses. This relief can reduce the tax that your business pays by deducting some or all of the value of an item that the business has purchased from any profits before tax is calculated.

You can claim Capital Allowances when you buy assets that you keep to use in your business, for example:

• equipment
• machinery
• business vehicles, for example cars, vans or lorries

Here at The Tax Faculty we understand that it is important to look ahead to the future to see if there are any events that are on the horizon that may require careful planning on order to ensure that they are dealt with efficiently in relation to taxation. By taking a proactive approach, business owners can make substantial savings, including the consideration of Capital Allowances.

Our experts have the specialist knowledge required to provide advice on the best way in which your business can utilise reliefs provided by HMRC.

In addition to dealing directly with individual client to assist with planning their tax future, our specialists have a proven track record of assisting independent practices in helping their clients.

Our experts number industry award-winners for the way in which they assist in dealing with HMRC, making The Tax Faculty the best place for pragmatic advice. All initial consultations are free of charge as we know how confusing and complex such tax planning can be, therefore we want to be sure that we are best placed to assist before you commit to our services.