Top Tax Tips for Owner Managed Businesses 10.  Capital Allowances Timing of expenditure is an important consideration with capital allowances, especially with frequently changing rates and allowances. Specific comparisons should be done for large purchases …

In dealing with a recent project in Leeds, we came across one of the many quirks of the tax system regarding Capital Allowances. Certain capital expenditure is deemed to be an ‘Integral Feature’ which receives …