Capital allowance is an expenditure you can claim on assets you purchase for use in your business.
In addition to the purchase of business assets, you can also claim capital allowances for renovating business premises in disadvantaged areas in the UK, extracting minerals, research and development, patents and more. Further information can be found on the HMRC website.
Capital allowance is an expenditure you can claim on assets you purchase for use in your business.
In addition to the purchase of business assets, you can also claim capital allowances for renovating business premises in disadvantaged areas in the UK, extracting minerals, research and development, patents and more. Further information can be found on the HMRC website.
Use our calculator to understand the difference of operating as a limited company vs sole trader and see which option is the best option for you and your business.
Our small business accounting guide walks through absolutely everything you need to know if you're considering starting a limited company. From different taxes, limited company advantages/ disadvantages, how to pay yourself, and what your key filing requirements are.
