What are Capital AllowancesCapital Allowances tax relief offsets the hidden expenditure in your commercial property.Typically, this includes elements such as air conditioning, wiring, heating, lighting and security systems – essentially everything that would remain in the building if you tipped it upside down!All UK taxpayers that own commercial property, personally or within a Ltd Company,

R&D tax relief is the government’s way of rewarding businesses that are investing in innovation by developing new, or improving existing products, processes, services, devices and materials or advancing the state of knowledge in their sector. The relevant legislation is located in The Corporation Tax Act 2009. Guidance on the meaning of R&D is found