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 ?
It had specifically called for an extension to the existing Enhanced Capital Allowance scheme that allows companies to offset the cost of new energy-efficient machinery and equipment.
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?
MID-TIER accountancy firm Johnston Carmichael have recruited chartered surveyor Michael Murray to advise their clients on capital allowance tax breaks.
Capital allowance is granted to attract and support investors in strategic productive sectors of an economy.
ISLAMABAD -- The Management Board of the Capital Development Authority on Wednesday approved the payment of Capital Allowance for all of its staffers.
This capital allowance will cover the total annual investment undertaken by 99% of all the business in Britain.
Following is a selection of measures discussed ahead of Chancellor George Osborne's annual budget statement to parliament: 50 PENCE TAX RATE TYCOON - MANSION TAX CHILD BENEFIT CORPORATION TAX CAPITAL ALLOWANCE INCOME TAX THRESHOLD FUEL DUTY BANK LEVY LOAN GUARANTEE Osborne has been facing growing calls from within his own Conservative party to ditch the 50 pence tax on people earning more than 150,000 pounds a year.
Tennant UK is now able to offer its customers the opportunity to further boost their cash flow, reduce water use and reduce water bills through the DEFRA Capital Allowance Scheme for Water Efficient Technologies.
The Enhanced Capital Allowance scheme offers end users who purchase energy-efficient equipment listed on The Carbon Trusts web site the opportunity to gain tax benefits off the purchase of refrigeration equipment.
The system also attracts the enhanced capital allowance under the government's Climate Change Levy.
Hotels Federation President Jim Murphy has claimed a reduction from 15 to four per cent in the rate of capital allowance for hotels will hit further development and curtail expansion.
It will also recognise certain capital allowance "blackhole" expenses.

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