Category Archives: Uncategorized

What is Capital Allowance?

Posted on August 23, 2011 by admin

Capital allowance is the deduction available to UK tax payers while computing taxable income. In UK, depreciation is not an allowable expense and its place is taken by capital allowance. Both depreciation and capital allowance become applicable when you buy … Continue reading →

Posted in Uncategorized | Tagged agricultural products, assisted areas, business premises, capital allowance, coal industry, commercial buildings, derelict, disadvantaged area, fisheries, hmrc, isles of scilly, milk products, north cornwall, northern ireland, pembrokeshire, relevant trade, renovation, shipbuilding, steel industry, tax allowance | Leave a comment

Plant & Machinery Disposal Events

Posted on August 22, 2011 by admin

In other articles we have seen that when a disposal event occurs, taxpayers are subjected to a balancing charge or allowed a balancing allowance. A balancing charge involves charging back excessive capital allowances claimed and balancing allowance provides relief for … Continue reading →

Pension Release for over 55

Posted on August 1, 2011 by admin

Hundreds of Burbank city employees have received a collective $4 million in bonuses since July 2007, according to documents the city fought in court to keep out of public view. A Los Angeles County Superior Court judge in May ordered … Continue reading →

Posted in Uncategorized | Leave a comment

Hello world!

Posted on June 11, 2009 by admin

Welcome to WordPress. This is your first post. Edit or delete it, then start blogging!