Capital Allowances

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WHAT WE OFFER

Capital Allowances

Thinking of investing in a new laptop? Of buying a business vehicle? Or of getting some other piece of equipment you need for your business or to help it operate more efficiently? These purchases are usually tax-deductible. But HMRC doesn’t treat them the same way they treat day-to-day expenses such as business mileage and office utilities. You can’t just subtract the cost from your income. To get your tax deduction, you’ll have to claim capital allowances. Here’s a rundown of what capital allowances are and how they work in the UK.

WHAT WE OFFER

What are capital allowances?

Capital allowances are a way of reducing your tax bill when you spend money on something that’ll benefit your business in the long term. This is called capital expenditure. You make capital expenditure when you: Buy an asset you’ll use in your business. This is called a capital asset Spend money on upgrades Spend money on maintaining a capital asset.

Services

We are giving the best services for you.

R&D Tax Relief - SME Scheme

R&D Tax Relief - RDEC Scheme

Advanced Assurance

Accountant Partnership

Capital Allowances

Property Investment

R&D Tax Relief - SME Scheme

Designed to help smaller businesses with less than 500 staff and balance sheet less than £86 millions.

R&D Tax Relief - RDEC Scheme

RDEC is offered to larger companies that exceed the limits of the SME R&D relief scheme.

Advanced Assurance

Open to first time claimants and only the smallest companies with a turnover of less than £2m.

Accountant Partnership

A dedicated relationship manager to your clients to create robust R&D tax credit claims.

Capital Allowances

Capital Allowances tax relief offsets the hidden expenditure in your commercial property.

Property Investment

Leading and trusted property investment advice service by experiences consultants.

OUR PHILOSOPHY

Why Partner with us

Working with R&D Tax Solutions enables your service offering to be extended without jeopardising client service or quality. We are the trusted R&D partner for a variety businesses. Our trusted team enables the partnerships to flourish with a clear transparency of services provided and benefits obtained.

SCHEME ELIGIBILITY

Business Sectors

The main difference between Statistic and Statistics is that the Statistic is a single measure of some attribute of a sample and Statistics is a study of the collection.

Admin & Support Services

£170 million in 2019 –41% increase from previous years.

Transport and Storage

£20 million in 2019 – 50% increase from previous years.

Accommodation & Food

£10 million in 2019 – 100% increase from previous years.

Scientific & Technical

£64,236 for SME Scheme | £682,242 for RDEC Scheme

Construction

£145 million in 2019 – 52% increase from previous years.

Real Estate

£10 million in 2019 – 100% increase from previous years.

Head office address:

435 London Road, Sheffield, S2 4HJ

Call for help:

+44-114-489-4895

Mail for information:

info@square-finance.com