2012 June | Portal Tax Claims

Archives for June, 2012

The Guardian Article

June 19, 2012 at Press

The Guardian Article Are capital allowances British business's biggest tax break? Are you making the most of your tax allowances? Jeanette Edmiston explains how small businesses could be saving money through their fixtures and fittings. The definition of qualifying expenditure has been stretched to include bowling alleys, fish tanks, zoo cages and artwork. Photograph: Linda Nylind ... Read More

Taxation Article

June 14, 2012 at Press

Taxation Article Don't get in a fix Jeanette Edmiston and Ross McNaughton discuss the effect of the changes to the rules relating to the claims for fixtures on newly acquired buildings In the past the tax department were often the last know about what their clients had been doing over the previous year and it ... Read More

Owner:

Property type:

Purchase price and/or Expenditure ():

Date of purchase:

Select Date Select

Est Allowances
Our Fee
Tax Relief on Fee
Net Fee Payable
Net Tax Benefit

Tax refund

10/11 Tax Year
11/12 Tax Year

Tax reduction for current year:

12/13 Tax Year

Balance tax for mitigation:

Future Tax Years

view details

Values Shown are not guaranteed and have been based upon assumptions including that you have paid tax over the last two years to at least the refund amount shown and assumes all assets are in the 20% main pool of allowances. Some assets may be in the 10% integral features pool which will lower the annual amount claimable, however the total benefit of the allowances remains the same. The amount claimed will depend upon your personal circumstances and are shown above for illustration purposes only.

This calculator is for illustration purposes only.

If AIA is included in the calculations, we assume that no previous deductions within the AIA allocation has been submitted.

You cannot claim Capital Allowances before the year of purchase.

Our fee is a legitimate business expense and as such is tax deductible.

Capital Allowance Categories

All Capital Allowance Categories