Services

Claim capital allowances so your business pays less tax when you buy assets - equipment, fixtures, business cars, plant and machinery, annual investment allowance, first year allowances.

• Overview

  Capital allowances are a type of tax relief for businesses. They let you…

• What you can claim on

  You can claim capital allowances on items that you keep to use in your…

• Annual investment allowance

  You can deduct the full value of an item that qualifies for annual…

• 100% first year allowances

  If you buy an asset that qualifies for 100% first year allowances you can…

• The super-deduction and 50% special rate first year allowance

  There are 2 types of temporary first year allowances: the super-deduction…

• Business cars

  You can claim capital allowances on cars you buy and use in your business.…

• How to claim

  Claim capital allowances on your: Self Assessment tax return if you’re a…

How to claim Corporation Tax relief when your limited company donates money, land, property or shares to charity

• Overview

  Your limited company pays less Corporation Tax when it gives the following…

• Donating money

  Your limited company can pay less Corporation Tax when it gives money to a…

• Equipment and trading stock

  Your limited company pays less Corporation Tax if it gives equipment or…

• Land, property and shares

  Your limited company could pay less Corporation Tax if it gives or sells…

• Seconding employees

  You can deduct any costs as normal business expenses if: your company…

• Sponsoring a charity

  Charity sponsorship payments are different from donations because your…

• How to claim

  There are different ways to claim tax relief depending on the type of…

Tax exemptions and reliefs for charities - apply for recognition by HMRC as a charity, reclaim tax on Gift Aid, profits and expenditure

• Overview

  As a charity you can get certain tax reliefs. To benefit you must be…

• Tax reliefs for charities

  As a charity you do not pay tax on most of your income and gains if you…

• Get recognition for tax relief

  To get tax relief your charity must be: based in the UK established for…

• Reclaim tax

  If you receive income with tax deducted, for example donations you can…

• Pay tax

  If your charity has income that does not qualify for tax relief you must…

What community amateur sports clubs (CASCs) pay tax on, tax relief they can get, rates relief, Gift Aid, and VAT