Sentence examples for Capital allowances from inspiring English sources

Capital allowances are available to both incorporated businesses and the self-employed.

Capital allowances on this investment have resulted in no corporate tax being payable since the investment was made.

Capital allowances for the majority of plant and machinery assets to fall from 20%to18%8%, while the allowance for longer-lived assets will fall from 10%to8%8% from April 2012.

It added that it did not believe it can use CWW's tax losses and it has not pinned any value to the possibility of using CWW's capital allowances against Vodafone Group's existing UK operations.

David Woodward, head of capital allowances at KPMG said "The reduction in corporate tax rate is essentially being funded by the reduction in capital allowances.

David Woodward, head of capital allowances at KPMG, warned: "The reduction in corporate tax rate is essentially being funded by the reduction in capital allowances.

Business Minister Edwina Hart said discussions were continuing on the viability of extending enhanced capital allowances across Wales.

Adam Bainbridge, at KPMG, said the changes on capital allowances looked complicated, while Simon Sweetmen, of the Federation of Small Business, said the rise in corporation tax for small companies was "very disappointing".

"The giveaways are fully offset by various revenue-raising measures, including the scrapping of the 10p rate, the rise in the national insurance threshold and changes in capital allowances," said analysts at Capital Economics.

"Deeside is of great strategic importance to Wales for advanced manufacturing and enhanced capital allowances will cement its competitive position and encourage new investment.

It said Ireland was "not unique in allowing companies to claim capital allowances on intangible assets" and had followed "the international norm".