What Can You Claim for Capital Allowance?
November 8, 2023 ⚊ 1 Min read ⚊ Views 49 ⚊ BLOGCapital allowance is a concept that frequently confounds business owners and individuals. It’s a tax break that allows you to deduct the cost of certain assets from your taxable profits, lowering your tax bill. Understanding what you can and cannot claim as capital allowances, on the other hand, can be complicated and intimidating. In this blog, we will explain capital allowances and what you can claim to maximise your tax benefits.
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