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I have heard that I can claim 100% of the cost of new equipment purchased is this correct? - part 2 of 1 2

Published 01/04/2008

2. Alternatively, make sure you retain any unexpected tax rebates in a savings account, so that you have the fund available to pay the inevitable tax bill when your profit increases.

Of course, everybody's financial circumstances are different, so if you have any doubts or queries about how the new rules apply, you should contact your financial advisor or accountant.

Have you got a topic or general tax question you want us to cover in the next Q & A issue? Then email mikep@twdaccounts.co.uk

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1st Published 01/04/2008
last update 09/12/2022 14:52:28

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