News: February 2012
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. Please contact us to discuss the opportunities in your particular circumstances.