Capital Allowance proves tax relief on certain types of expenditure, such as office equipment or furniture, providing a deduction against your profits. Using what is known as writing-down allowances to deduct a percentage of an items value from your profits, can be a way to extend your relief.

This months Active Practice will guide you through:

–       Plant and Machinery

–       Possible annual investment allowance

–       Asset Pools

–       First year allowance

–       Writing down allowances

• Small Pools
• Disposals
• Claims

If you would like any further information, please get in touch, but first take a read of this month’s Active Practice to find out more. You can download it here:

JDA – Active Practice – 2018-09 – Capital Allowances

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Any questions?

If you’d like a meeting or a Skype call to discuss this, please get in touch with your favourite Liverpool accountant

• You can ring us on 0151 380 8080
• You can email us at growth@jondaviesaccountants.co.uk