Capital allowances
Working out capital allowances, how to claim them and capital allowances when selling an asset.
Please note: capital allowances guidance from HM Revenue & Customs can be found on the GOV.UK website. We provide links to the key information below.
Claim capital allowances so your business pays less tax when you buy assets - equipment, fixtures, business cars, plant and machinery, annual investment allowance, first-year allowances.
How to work out your capital allowances - writing down allowances, main rate pools, special rate pools, single asset pools, small pools allowance, long-life assets, short life assets.
Find out what you may be able to claim to reduce a tax bill if you are a charity, community amateur sports club, limited company, or self-employed.
There are special rules to follow if the maximum amount of annual investment allowance (AIA) changes in the period you draw up accounts for
Guidance for claiming annual investment allowance, small pools allowance, and writing down allowance for accounting periods that are more or less than a year.
Use Self Assessment helpsheet HS252 to help you fill in the capital allowances boxes on your tax return.
If you build, buy, or lease a structure and all construction contracts were signed on or after 29 October 2018, you may be able to claim tax relief.
Capital allowances you can claim on plant and machinery when you buy a building with fixtures.
Find out what Business Premises Renovation Allowance (BPRA) is and what costs and buildings qualify for it.
Selling or giving away an asset you claimed capital allowances on - balancing charges, balancing allowances, closing your business, how to claim and pay tax on your tax return.
Definition of capital allowances, how allowances are made, and how to claim.