We explain capital allowances in plain English, handle it correctly, and make sure you claim every relief you are entitled to, all at a fixed fee.
Capital Allowances
When you buy equipment, tools, machinery or other assets for your business, you claim the cost through capital allowances rather than as an ordinary expense, and the Annual Investment Allowance lets you deduct most of it in full straight away.
We make sure every qualifying asset is claimed through the right allowance, using the Annual Investment Allowance to write off equipment in full where possible, so your investment reduces your tax as much and as fast as the rules allow.
The Annual Investment Allowance lets you deduct the full cost of most equipment, up to ยฃ1 million a year, in the year you buy it, so a big purchase can substantially cut your tax bill immediately if claimed correctly.
The Detail That Matters
When you buy equipment, tools or machinery for your business, you claim the cost through capital allowances rather than as an ordinary expense, and the Annual Investment Allowance lets you deduct most of it in full straight away, cutting your tax immediately.
The AIA gives 100% relief on up to £1m of qualifying plant and machinery in the year you buy it, so a large equipment purchase can be written off in full immediately, sharply reducing that year's taxable profit.
Companies can also use full expensing, 100% first-year relief on qualifying new plant and machinery with no cap, alongside the AIA, making equipment investment highly tax-efficient.
Cars have their own rates based on emissions rather than the AIA, and integral features in property (wiring, heating, lighting) fall into a special pool. Getting each into the right category maximises and protects the claim.
Integral features in commercial property, and assets in a mixed-use purchase, are frequently overlooked, leaving relief unclaimed. We review your purchases so every qualifying pound is captured.
Businesses frequently miss capital allowances on integral features in property and mixed-use assets, leaving relief unclaimed, and sometimes claim cars wrongly, either way losing out on legitimate deductions.
Key Figures
How We Help
The Annual Investment Allowance lets you write off most equipment in full the year you buy it, up to ยฃ1 million. We claim it correctly.
Cars and certain assets have their own rules and rates. We apply the correct treatment so nothing is claimed wrongly or missed.
We review your asset purchases to make sure every qualifying item, including integral features in property, is claimed.
All the forms, calculations and correspondence handled on your behalf, so you never have to decode HMRC's rules or sit on hold.
A clear fixed fee quoted after a free call, your position explained in plain English, and never a surprise bill.
We act quickly, and where earlier years are involved we put those right too, reclaiming refunds or minimising penalties.
Businesses frequently miss capital allowances, especially on integral features in commercial property and mixed-use assets, leaving tax relief unclaimed. We make sure every qualifying pound is captured.
Recent Client Outcome
A business that had invested heavily in new machinery was spreading the cost slowly and missing the immediate relief available.
What we did. We claimed the full Annual Investment Allowance on the qualifying machinery, deducting the cost in full in the year of purchase, and reviewed their premises for integral-features allowances.
The outcome. Writing the machinery off in full sharply reduced that year's tax and improved cash flow, and the integral-features review added further relief they had overlooked.
Capturing the allowances in full, and not missing the integral features, accelerated the relief and cut the bill.
Why People Come to Us
Questions Answered
Free fifteen-minute call. Fixed quote within twenty-four hours. Your return filed, every expense claimed, your bill explained, and salon VAT, payroll and accounts handled if you own a salon. Same accountant, start to finish.
Or email info@yourtaxhelp.co.uk, we typically respond within two business hours.
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