Knowledge Bank – Capital Allowances

Innovation Tax have a wealth of expert knowledge for you to access on Capital Allowances. Our knowledge bank answers your questions in a series of simple guides & articles created by our team comprising Capital Allowance specialists, RICS surveyors and tax professionals.

Welcome to our Capital Allowances Knowledge Bank

The breadth and scope of Capital Allowances is varied and, as such, many businesses and advisors fail to claim the maximum benefit available. Innovation Tax have helped secure millions of £’s of tax relief via Capital Allowance claims for our clients and our specialist expertise and knowledge of the Capital Allowance Act 2001 (CAA2001) ensures our clients benefit from the best advise possible.

What are Capital Allowances?

Capital Allowances cover a variety of tax reliefs which are claimable on capital expenditure on most assets purchased for commercial use and include the Annual Investment Allowance (AIA), First Year Allowances (FYA), Writing Down Allowances (WDA), Research and Development Allowances (RDA) and Structures and Building Allowances (SBA).

Capital Allowances: Your questions are answered here:

Our Knowledge Bank contains answers to some of the questions you may have on claiming your full Capital Allowances entitlement, which we are happy to share with companies looking to benefit from their investment in capital assets.

Learn More About Capital Allowances Tax Relief
Capital Allowances
Learn More About Capital Allowances Tax Relief
Learn More About Capital Allowances Tax Relief What are Capital Allowances? Capital Allowances is the main form of tax relief for expenditure incurred on tangible fixed asset investments and
Need quick professional help in claiming Capital Allowances Tax Relief?
Capital Allowances
Need quick professional help in claiming Capital Allowances Tax Relief?
What is Capital Allowances Tax Relief?  Capital Allowances Tax Relief is available on assets acquired for use by your business such as buildings, machinery and specific ancillary equipment. The
Capital Allowances – Structures and Building Allowance (SBA’s)
Capital Allowances
Capital Allowances – Structures and Building Allowance (SBA’s)
Capital Allowances Structures and Building Allowance (SBA’s) What are Structures and Building Allowances (SBA’s)? The objective of this relief is part of a long-term commitment to encourage capital investment

HOW CAN WE HELP?

We hope you’ll find the answers to some of the questions you may have when setting out on your Capital Allowance tax relief claim, but if you can’t find what you’re looking for or have a specific challenge that you would like to discuss, we’ll be happy to help.

Start the conversation with a complimentary, no-obligation Capital Allowance claim consultation