Worried about changes to capital allowances and tax reliefs? Andrew Brooks, partner in the tax practice at Deloitte, knows that many manufacturers share this common concern. Here he clarifies recent and forthcoming alterations to capital allowances and considers the impact they are likely to have on UK manufacturing businesses.
12 August 2011 I’ve just finished a meeting at a client’s site with the group’s financial director – one of an increasing number of clients within the manufacturing industry with whom we have discussed the sweeping changes to the capital allowances regime and the future impact it will have on the industry and promoting enterprise.…
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