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Companies are able to apply for Capital Allowances on cars that have been purchased specifically for business use.
The ‘super deduction’ and the ‘SR allowance’ are two temporary allowances that have been introduced by the government to encourage investment in businesses and offer some much-needed relief for UK companies.
Did you know that your fixed assets could be eligible for 100% tax relief?
With 2020 over with, now is the perfect time to make some New Year’s resolutions for your small business.
RDAs (also called R&D Capital Allowances) mean that companies can write down their R&D spending on fixed assets relating to R&D.
The Enhanced Capital Allowance (ECA) scheme aims to encourage companies to invest in cleaner, greener and more efficient technologies.