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Claim capital allowances so your business pays less tax when you buy assets - equipment, fixtures, business cars, plant and machinery, annual investment allowance, first year allowances.
Capital allowances are a type of tax relief for businesses. They let you…
You can claim capital allowances on items that you keep to use in your…
You can deduct the full value of an item that qualifies for annual…
If you buy an asset that qualifies for 100% first year allowances you can…
There are 2 types of temporary first year allowances: the super-deduction…
You can claim capital allowances on cars you buy and use in your business.…
Claim capital allowances on your: Self Assessment tax return if you’re a…
BMW are set to announce a multi-million-pound investment in their Oxford MINI plant, which will take investment in the UK automotive sector to over £6 billion.
First published during the 2022 to 2024 Sunak Conservative government
Nissan is delivering up to £2 billion of new investment to produce two new electric vehicle models in Sunderland.
Have your say on potential changes to registering historic, classic, rebuilt, and electrically converted vehicles.
Tata Group has announced that it will invest over £4 billion in a new UK gigafactory which will create thousands of jobs.
British AI company Wayve announces $1.05 billion investment to develop the next generation of AI-powered self-driving vehicles
80% of new cars and 70% of new vans sold in Great Britain set to be zero emission by 2030, increasing to 100% by 2035.
Business Secretary Kemi Badenoch visits Aston Martin HQ in Warwickshire after announcing £9million in government funding, supporting over 2,500 local jobs in auto tech.
Sets out the actions that government and industry will take collaboratively to secure the next stage of automotive sector growth.
First published during the 2010 to 2015 Conservative and Liberal Democrat coalition government
£16.6 million investment announced today to give semiconductor researchers and businesses access to new equipment helping them test and make chips for use in high-energy machines like electric cars and manufacturing equipment.
£89 million of funding has been awarded to 20 cutting edge net zero tech projects, reinforcing the UK as a world leader in zero emissions vehicle technology.
First published during the 2016 to 2019 May Conservative government
Reports on the proposed Transatlantic Trade and Investment Partnership and its potential impact on the 50 states, US congressional districts and 14 key sectors.
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