New Capital Allowances Regime

There have been some major changes to capital allowances claims (i.e. asset depreciation rates permitted for tax purposes). Which came into effect on 6 April 2008 and 2009 (1 April 2008 and 2009 for companies). Minor changes on 6 April 2010 and 2011 (1 April 2010 and 2011 for companies). Further significant changes proposed from …

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