capital allowance

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capital allowance

n
(Accounting & Book-keeping) the practice of allowing a certain amount of money spent by a company on fixed assets to be taken off the profits of the company before tax is imposed
Translations

capital allowance

nammortamento fiscale
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References in periodicals archive ?
What is the current capital allowance situation and how can we project investment over the next two to three years - in order to maximise capital allowances?
immigration, variable capital allowances, child support and equality law remain reserved.
If so you could be eligible for a substantial tax rebate and/or a reduced tax liability in relation to unclaimed Capital Allowances that you may not be aware of.
This could easily be rectified if farm buildings were eligible for Capital Allowances.
Tenders are invited for Technical experts for seai~~~~s accelerated capital allowances (aca)/triple e programme
Latest analysis shows that owners of an estimated 6,884 commercial properties in the region could be missing out on PS247m in tax rebates for unclaimed capital allowances on fixtures and fittings.
Salesman Medwyn Williams said the mood was upbeat, with farmers taking advantage of improved capital allowances.
As such, I would urge businesses to use the two year rise in capital allowances announced at the end of 2012 to make long-term investments in the tools and infrastructure they will need to reach out to international markets.
Examples of those that would not be allowable include those relating to capital items, such as accounting depreciation (replaced by capital allowances instead), and profit or loss on the disposal of non-current assets, though expenditure on repairs would be allowable.
Capital allowances can be used to reduce the business owner's tax liability.
Lovell Consulting, the award winning capital allowances experts, has joined the growing throng of success stories moving to central London's number one growth spot.

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