Capital Allowances (CA)

Capital Allowances are a tax relief designed to allow the cost of some capital expenditure to be written off against business profits or taxable income. Find out by following the below link if you can reduce your tax bill by claiming Capital Allowances on equipment or assets used in your business.

Tax relief for capital expenditure if you're self-employed  http://www.hmrc.gov.uk/incometax/relief-self-emp.htm