An overview of capital allowances

In our latest video David Hackett, Tax Director and Kelly Quail, Corporate Tax Senior Manager, discuss capital allowances. In the video they address the following questions:

1. What are capital allowances?

2. How can capital allowances benefit business owners?

3. What is the annual investment allowance and what are the limits?

4. What allowances are available within buildings? E.g. When companies are building property or are acquiring commercial property.

5. What other capital allowances can businesses make use of?

6. Can you claim more than one allowance for the same expenditure?