Home Page Link for Malcolm J. Greer - Chartered Certified Accountant and Registered Auditor. Regulated for a range of Investment Business Activities by the Association of Chartered Certified Accountants.
Income Tax Allowances
Income Tax Rates
National Insurance Contributions
Individual Savings Accounts
Capital Gains Tax
Corporation Tax
Car Benefit
Car Fuel Benefit
Tax-Free Mileage Allowances
Inheritance Tax
Stamp Taxes
Value Added Tax
Capital Allowances
Tax Credits
Registered Pension Schemes
Investment Reliefs
Fixed Rate Reductions: Unincorporated Businesses
Sponsorship
Key Facts

Capital Allowances

Dredging (straight-line basis)

Rate %

Writing-down allowance
4
 
  
Know-how
(reducing balance basis)
 
Writing-down allowance 
25
 
  
Mineral extraction
(reducing balance basis)
 
Writing-down allowances   
General
25
 
Acquisition of mineral asset
10
 
  
Patent rights
(reducing balance basis)
 
Writing-down allowance  
25
 
 
Plant and machinery (reducing balance basis)  
Annual investment allowance (max 200,000)
100
 

First-year allowances

 
Energy-saving or environmentally beneficial assets
100
 
New cars with CO2 emissions not exceeding 75g/km
100
 
New zero-emission goods vehicles
100
 
New assets for use in designated areas of enterprise zones
100
 
Writing-down allowances    
General
18
 
Cars (other than low emission cars).
8
 
Special rate expenditure (including intergal features and thermal insulation)
8
 
Long-life assets
8
 
 
Research and development
Allowance
100
 
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Malcolm J. Greer
3 Jesse Terrace, Reading, Berkshire, RG1 7RS
Tel: 01189 588535 ~ Fax: 0118 919 7778