Allowable deductions for Corporation Tax
What expenses and reliefs reduce your company's Corporation Tax bill, including capital allowances.
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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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