Welcome to Simia Farra & Company

Capital Allowances

2016 -17
2015 – 16
Plant and Machinery

–       Main writing down allowance

–       Long life assets, integral fixtures

–       First year allowances (certain environmentally efficient products)

18%

8%

100%

18%

8%

100%

 –      R&D tax credits SME scheme

–       R&D expenditure credit

–       Annual Investment Allowance**

230%

130%

£200,000

230%

130%

£500,000

Cars

–       CO2 emissions up to and including 130g/km***

–       CO2 emissions over 130g/km

18%

8%

 

18%

8%

 

 

*A rate of 100% applies to cars with CO2 emissions of 75g/km or less until 31 March 2018

 

Disclaimer
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