Capital Allowance Tax | Portal Tax Claims

Category Capital-allowance-tax

Mixed messages for entrepreneurs

May 4, 2011 at Capital Allowance Tax

Mixed messages for entrepreneurs In his second budget report, the Chancellor of the Exchequer focused on business growth, providing numerous incentives for budding entrepreneurs as well as more established businesses. Yet along with these incentives came the announcement of a number of deadlines, meaning that the opportunities to take advantage of improved tax relief and capital ... Read More

Capital Allowance Claims and Tax on Furnished Holiday Lets

April 4, 2011 at Capital Allowance Tax

Capital Allowance Claims and Tax on Furnished Holiday Lets If you are a person who owns furnished holiday lets in UK or Euro zone, you can reduce the tax you pay not only on the rents of property but also on the salaries and dividends you receive in UK. The savings can be substantial and can help cope with low ... Read More

Capital Allowance Claims: More on Section 198

March 30, 2011 at Capital Allowance Tax Capital Allowances Claiming Capital Allowances

Capital Allowance Claims: More on Section 198 When a person engaged in a “qualifying activity” as defined under section 15 of the Capital Allowances Act sells a building, it can have very serious tax implications both for the buyer and seller. By looking at the issues carefully, it is possible to arrive at a sale agreement that is ... Read More

Claiming Business Premises Renovation Allowance

March 16, 2011 at Capital Allowance Tax

Claiming Business Premises Renovation Allowance In a separate article, we looked at expenditure that can be claimed as Business Premises Renovation Allowance (BPRA). It was noted that BPRA can be claimed on expenditure incurred for converting or renovating commercial premises for use in specified trades, provided that the building is located in a disadvantaged area and ... Read More

12 Next »

Calculate Your Claim

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