£300k lost benefit

Oct 5, 2015

From 1 January 2016 the annual investment allowance for capital expenditure is reducing from £500k to £200k. This could cost your business up to £49,200 in corporation tax if you don’t apply appropriate planning. With only three months of 2015 to plan you should give consideration to this issue at your earliest convenience.

Other posts you might like:

Spring Statement 2022

The Chancellor Rishi Sunak presented his Spring Budget on 23 March 2022. In his speech he announced a cut in fuel duty for petrol and diesel as he sought to ease the impact of rising prices for households and businesses.

read more
Back to all