Tag: company tax returns

Tax Returns Claim on Annual Investment Allowance (AIA) Method

Tax Returns Claim on Annual Investment Allowance (AIA) Method

Capital allowance¬†can be claimed when a business buys assets to be used in the business. As the asset is used for business purpose and would lose its value for wear & tear, therefore, the value of the asset can be deducted from profits before paying tax. However, there are different rules for different assets and […]

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