New Rules on Capital Allowances and Cars

The tax treatment of cars under the capital allowances system changed with effect from 1 April 2018. The new rules are likely to have a significant impact on many businesses. Here we consider the changes in more detail. ‘Capital allowances’ is the term used to describe the deduction we are able to claim on your … Continue reading New Rules on Capital Allowances and Cars

Would you like the Tax Man to pay the deposit on your New Car!

Many people when choosing their next car don't know that if you buy a new car before the end of March 2013 then HMRC could pay the deposit. If your operating a business and are looking at purchasing a vehicle with a CO2 emission below 110g/km then you will be entitled to write off the … Continue reading Would you like the Tax Man to pay the deposit on your New Car!

Think Bike!

Would you consider the use of a motorcycle in your business? In recent years, the capital allowances available on cars have been increasingly restricted based on the CO2 emissions in order to encourage business owners to consider  more environmentally friendly options when purchasing new vehicles. Cars purchased as of 6 April 2012 with CO2 emissions … Continue reading Think Bike!