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Capital Allowances Trap

July 19, 2011

Capital Allowances trap

If you leave the decision of whether to buy new equipment until the end of your accounting year, you could get caught out by the changes to capital allowances effective from April 2012. Large purchases made from 1 April 2012 to the end of your accounting period may not qualify in full for the 100% deduction against profits in the year of purchase. Ask us to help you plan your purchases so you maximise your capital allowances.

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