Capital Allowances on Buildings

Expertise on Capital Allowances on Buildings

Understanding the complexity of capital allowances on buildings is a tricky business. Below you will find details for different building types and different circumstances. If you require consultation on how to reclaim capital costs on buildings through a tax rebate then please contact us today on: +44 (0) 2076 295005 or +44 (0) 7747 608854 Introduction to Capital Allowances on Buildings CA expenditure incurred on certain integral features of buildings attracts the 8% special rate of WDAs (writing down allowance). […]

How To Calculate Taxable Profits For Your Business

As already mentioned, the starting point is to decide on the accounting date, i.e., the date at the end of the accounting period. Any convenient date can be chosen, e.g., the anniversary when the business commenced or, in a seasonal business, a date when trade is slack and stocks are low. This date can be changed as and when necessary, though whatever date is chosen it is easier to work out the tax payable if the same date is kept […]