What a busy week it’s been in capital allowances!
The Budget was delivered on Monday and included some interesting changes to the Capital Allowances legislation, an increase to the Annual Investment Allowance (AIA), the introduction of a Structures and Buildings Allowance (SBA), a reduction in the writing down allowances for long life assets and the removal of the Enhanced Capital Allowances Scheme.
On Tuesday, we attended the Association of Scottish’s Self Caters Conference, and again we found people who had never been made aware of capital allowances….and also one person who didn’t want to know as they enjoyed paying tax…..
The rest of the week we have been busy meeting direct with Clients up and down the country, doing surveys and spreading the word about improving your cash flow through capital allowances.
