Remove 2026 Remove Construction Remove corporation tax Remove financial statements
article thumbnail

Super-Deduction Substituted by Full Expensing

Menzies

This new allowance enables companies to claim a 100% deduction for tax purposes in the year of spend on particular capital investments. This relief is of a temporary nature and will expire on 31st March 2026. As a result, potentially seeing significant tax savings. Who Is Eligible to Claim the Allowance?