Capital expenditure - tax breaks 2021-22

This booklet explains the basics of claiming tax relief for purchases of qualifying assets.

The booklet covers:

  • What are capital allowances
  • Plant and machinery capital allowances
  • Annual Investment Allowance
  • Writing down allowances
  • First-year allowances
  • The new super-deduction
  • Special Rate allowances
  • Business cars
  • Balancing charges
  • Cash basis options

Practical uses:

  • This is a useful handout for new or existing businesses that are interested in the tax implications when they purchase qualifying assets.
  • Add material to your website and drive traffic to the page using social media.
  • Send a copy to staff. Will update their understanding of the issues presented. You could also instruct them to send copies to any friends or family that may find the information useful.

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EU e commerce changes July 2021
Pension Contributions - tax breaks 2021.22
Working from home - tax breaks 2021-22
Off-payroll working changes - from 6 April 2021
Trivial benefits - tax-free benefits 2021-22
Extracting company profits - strategies for 2021-22
New to self-employment - tax and NIC 2021-22
Utilising COVID tax losses 2021-22
Incorporating a property business - 2021-22
Making the most of digital accounting 2021-22
Staying ahead of business challenges 2021-22
Why tax planning is a sound investment 2021-22
New business challenges in the post-COVID economy 2021-22
Business exit challenges in a post-COVID economy
Creating multiple income streams 2021-22