Chartered Accountants
 
Accountants
Capital Allowances

 
Capital Allowances
 
Writing down allowance
Plant and Machinery
25% (reducing to 20% 2008/09)
Motor Cars
25% £3000 max
Energy efficient plant/cars
100%

Industrial Buildings
(to be phased out over 4 years)

4%
Agricultural Buildings
(to be phased out over 4 years)
4%
Hotels
4%
 
First Year Allowances
Small businesses

50%

Medium businesses

40%

Small businesses if less than 50 employees turnover less than £2.8M and total assets less than £1.4M.

Contact us for advice about water saving and Energy Efficient Plant for which 100% allowances may be available.

 
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