BLOG

CAPITAL ALLOWANCE

June 21, 2024

bp-ast

Capital Allowance

What is Capital Allowance ?

Capital allowance is an amount of money spent on business assets that can be subtracted from what a business owes in tax.

 

Why Claim Capital Allowance  ?

You can retain more cash that can be reinvested to foster company growth.

 

Benefits of claiming ?

  • Reduce or completely shelter a tax liability
  • No restriction on high earners claiming wear and tear allowances and most industrial buildings allowances
  • Improve cash flow and keep cash in your business!
  • Possible cash refund / repayment of taxes

 

Read More Articles

分期付款

September 11, 2026

bp-ast

分期付款 定义 :  分期付款购买是一种金融形式。本质上,您已经购买了该物品并使用贷款(来自金融公司)来支付   分期付款的会计处理 : 从会计角度来看,分期付款和分期付款系统是相同的。在进行会计核算之前,我们应该了解以下事项 :- a) 现金价格是指以现金购买任何资产而无需分期付款时所支付的价格 b) 租金价格=现金价格+分期交付资产风险利息 c) 首付 = 分期付款交易开始时的付款   分期付款购买的好处: 善待您的现金流 访问高规格资产 利息低于其他融资选择 可以申请税收资本减免

HIRE PURCHASE

August 28, 2026

bp-ast

Hire Purchase Definition :  Hire purchase is a form of finance. Essentially you have bought the item and used a loan (from the finance company) to pay for it.   Accounting for Hire Purchase : For accounting point of view both hire purchase and  instalment payment system are same. Before accounting, we should know following things :- a) Cash price is that price which will be paid if any asset is purchased on cash without installment b) Hire price = Cash price + Interest for risk of giving asset on instalment c) Down payment = Payment at the beginning of deal of hire purchase   Benefits of Hire Purchase: Kind to your cash flow Access High – Spec Assets Lower Interest Than Other Funding Options It is possible to claim capital allowance against taxes

CAPITAL ALLOWANCE

July 31, 2026

bp-ast

Capital Allowance What is Capital Allowance ? Capital allowance is an amount of money spent on business assets that can be subtracted from what a business owes in tax.   Why Claim Capital Allowance  ? You can retain more cash that can be reinvested to foster company growth.   Benefits of claiming ? Reduce or completely shelter a tax liability No restriction on high earners claiming wear and tear allowances and most industrial buildings allowances Improve cash flow and keep cash in your business! Possible cash refund / repayment of taxes