Allowance Claims Should be Double Checked
Before submitting your tax returns, consider if you are claiming all the allowances that you are entitled to. For example, have you purchased a new building during the year and considered any capital allowances that may be claimable on integral features in the building? Annual Investment Allowance (AIA) is an important and lucrative first-year allowance but it is only available on expenditure in the year that the expenditure is made.
To learn more about reducing your taxable income, check out our guide to deducting allowances.
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18 April 2024
A Conversation with Nicola, of Hall Livesey Brown
As a Chartered Accountant at Hall Livesey Brown, Nicola Carter provides us with a glimpse into her experience as an accountant. With nearly 20 years at the firm, she shared her journey and the challenges she’d faced. Plus, we look at the pivotal role external support has played in optimising capital... -
11 April 2024
Land Remediation 2024: What Qualifies and What Doesn’t
Land remediation tax relief is a powerful incentive designed to encourage the rejuvenation of contaminated and certain derelict land. This is not only for environmental reasons but also for economic development. Understand what qualifies for this tax relief and what doesn’t, regarding Land Remediation...
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