Super-Deduction Substituted by Full Expensing
Menzies
OCTOBER 6, 2023
Menzies LLP - A leading chartered accountancy firm. This new allowance enables companies to claim a 100% deduction for tax purposes in the year of spend on particular capital investments. For example, consider a company that has a corporation tax liability of £1 million for the 12-month period ending on 31 March 2024.
Let's personalize your content