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Claim capital allowances so your business pays less tax when you buy assets - equipment, fixtures, business cars, plant and machinery, annual investment allowance, first-year allowances.
Capital allowances are a type of tax relief for businesses. 皇冠体育appy let you鈥�
You can claim capital allowances on items that you keep to use in your鈥�
You can deduct the full value of an item that qualifies for annual鈥�
If you buy an asset that qualifies for 100% first-year allowances you can鈥�
Only companies can claim the super-deduction and 50% special rate鈥�
Only companies can claim full expensing and the 50% first-year allowance.鈥�
You can claim capital allowances on cars you buy and use in your business.鈥�
Claim capital allowances on your: Self Assessment tax return if you鈥檙e a鈥�
How to work out your writing down allowances. Work out main rate pools, special rate pools, single asset pools, small pools allowance, long life assets, short life assets
鈥榃riting down allowances鈥� are one type of capital allowance. 皇冠体育appy let you鈥�
To claim writing down allowances, group items into pools depending on鈥�
What you can claim under writing down allowances depends on what 鈥榩ool鈥欌��
Selling or giving away an asset you claimed capital allowances on - balancing charges, balancing allowances, closing your business, how to claim and pay tax on your tax return
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