Year-End Accounts & Corporation Tax
Allowable deductions for Corporation Tax
What expenses and reliefs reduce your company's Corporation Tax bill, including capital allowances.
Allowable Corporation Tax deductions
Most business costs incurred wholly and exclusively for the trade are deductible against Corporation Tax. Here are the main categories and the catches.
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Capital allowances basics
Capital allowances let you deduct the cost of business assets — equipment, machinery, fixtures — against Corporation Tax over time.
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