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More or
less any business or property owner incurring capital
expenditure on buildings, equipment or other assets may
make a claim for tax relief in the form of capital
allowances.
Major
changes have been introduced in the last two years. The
main rate of allowance for plant and machinery is 20%
but there is also a 10% rate for integral features and
long life assets, a £50,000 annual investment allowance,
a 40% first year allowance for 2009-10, a 100% first
year allowance for energy saving equipment and various
other allowances to consider.
We will
work with you and your advisers utilising a mix of tax,
surveying and valuation skills and our many
years of experience to ensure that your claim is fully
optimised (with the necessary audit trails and account
reconciliation) and agreed by HM Revenue & Customs. |