Capital allowances definitions

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Capital Allowances

Capital Allowances logo #20698Certain elements of a fit-out or refurbishment that are tax allowable if proved necessary for the running of a business.
Found on http://www.encyclo.co.uk/local/20698

Capital allowances

Capital allowances logo #20949Allowances against tax for the cost of certain fixed assets. Charges may be imposed to take back capital allowances if you sell capital assets for more than the tax written down value. Capital allowances may be given for plant machinery and industrial buildings, and are also available on agricultural buildings and hotels.
Found on http://www.encyclo.co.uk/local/20949

capital allowances

capital allowances logo #20956Allowances against tax for the cost of certain fixed assets. Charges may be imposed to take back capital allowances if you sell capital assets for more than the tax written down value. Capital allowances may be given for plant machinery and industrial buildings, and are also available on agricultural buildings and hotels.
Found on https://www.encyclo.co.uk/local/20956
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