Capital Alowance | Portal Tax Claims

Category Capital-alowance

Reduced AIA Limit Now In Force

April 10, 2012 at Capital Alowance

Reduced AIA Limit Now In Force From this week the annual investment allowance (AIA) will reduce to £25,000 per annum for all businesses incurring expenditure on plant or machinery. The measure will have effect from 1 April for businesses liable to pay corporation tax, and 6 April 2012 for businesses within the charge to income tax. This means that ... Read More

New Portal Tax Claims ‘Online Case Tracking System’ Feature

July 15, 2011 at Capital Alowance Portal Tax Claims

New Portal Tax Claims ‘Online Case Tracking System’ Feature Portal Tax Claims have once again jumped ahead of the curve with the introduction of its expert online case tracking system enabling clients to follow the progress of their cases anytime, anywhere. Used internally by the firm for a number of years, the bespoke computerised case management system known as Solcase ... Read More

Foreign Freebies going to waste

May 31, 2011 at Capital Alowance Tax Rebate

Foreign Freebies going to waste As property owners look to reap returns from their UK homes, many are forgetting that they may be owed substantial amounts of cash from their offshore properties. Those who own furnished holiday lets, both in the UK and within the European Economic Area, could be entitled to claim large sums of money ... Read More

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Est Allowances
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Tax Relief on Fee
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Net Tax Benefit

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10/11 Tax Year
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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.

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