Don’t miss out on unclaimed tax relief
What are Capital Allowances?
Capital Allowances are a form of tax relief given on eligible items of plant & machinery used to decrease your taxable profits, and therefore your tax bill. We want to make it easy for you to understand Capital Allowances and what you can claim for. The easiest way to think about it is if you were to pick up a commercial building and shake it, the items remaining after the loose items have fallen out, could be eligible for Capital Allowances.