What are Capital Allowances? Earn Tax-Free Income…
This week we interview Capital Allowance Specialist Usman Nazir on what exactly Capital Allowances are — how you can use them to pay zero tax. Also, how much Capital Allowances you can anticipate when you buy different types of Commercial Property.
👉 Click here to download the Capital Allowances rate table
Telephone: 0843 005 9711
Tune in for next week's episode.
George Choy & Sarah Choy (Financially Free at 39)
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Summary
Article Name
What are Capital Allowances?
Description
Capital allowances are a form of tax relief gained by analysing plant and machinery within your commercial property and can be claimed alongside Research and Development Allowances. Capital Allowances can be claimed on freehold property, long leasehold agreements, new builds and subsequent refurbishments. These allowances can be used to earn tax-free income.
Author
George Choy & Sarah Choy
Publisher Name
My Castle Property Training
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