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Company tax super deduction


ALPINEYORKS

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ALPINEYORKS

Could somebody please tell me what it's about in simple terms please.

 

I'm looking at buying a laptop for £1500 how would this effect my cooperation tax if my tax bill for example was £5000.

 

Thanks

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I believe that as long as it fits the remit you can get an extra 30% allowance. So if you spend £1500 it will calculate to an allowance of £1950 off your profits rather than £1500, but I'm not an Accountant

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