Capital allowances
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
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.
Work out your writing down 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.
Allowances, expenses and reliefs when you run a business
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.
Annual investment allowance: limit changes during accounting periods
There are special rules to follow if the maximum amount of annual investment allowance (AIA) changes in the period you draw up accounts for
Capital allowances: accounting periods which are more or less than a year
Guidance for claiming annual investment allowance, small pools allowance, and writing down allowance for accounting periods that are more or less than a year.
Capital allowances and balancing charges (Self Assessment helpsheet HS252)
Use Self Assessment helpsheet HS252 to help you fill in the capital allowances boxes on your tax return.
Claiming capital allowances for structures and buildings
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.
Plant and machinery: allowances on fixtures when there's a change of ownership
Capital allowances you can claim on plant and machinery when you buy a building with fixtures.
Business Premises Renovation Allowance (BPRA)
Find out what Business Premises Renovation Allowance (BPRA) is and what costs and buildings qualify for it.
Capital allowances when you sell an asset
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.
HMRC capital allowances manual
Definition of capital allowances, how allowances are made, and how to claim.
