Make sure you’re making the most out of these helpful Allowances! You can claim Capital allowances when you buy assets that you use in your business. This means you have less tax to pay in the year you buy your kit!
Making the most of the right timing, different routes of leasing assets can all have an impact.
It’s not all machinery or tools either, if you’re renovating your business premises then there is even more valuable reliefs to be obtained!
Plus on the discussion of Capital allowances, we have had the launch of the temporary Super Deduction Capital Allowances, read more about capital allowances tax relief here.