NewsBot
23-Nov-23, 12:40
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Full Expensing For Businesses Made Permanent - Value For Money?
The Chancellor has announced the permanent extension of their ‘full expensing' (FE) policy, temporarily introduced for three years in March 2023. This policy allows companies (not including unincorporated businesses such as self-employed, sole traders and partnerships) to immediately write off the full cost of investment in new plant and machinery, classified as a ‘main rate' asset, against taxable profit in the year that the investment cost incurred. [Read Full Article (https://caithness-business.co.uk/article/22041)]
Full Expensing For Businesses Made Permanent - Value For Money?
The Chancellor has announced the permanent extension of their ‘full expensing' (FE) policy, temporarily introduced for three years in March 2023. This policy allows companies (not including unincorporated businesses such as self-employed, sole traders and partnerships) to immediately write off the full cost of investment in new plant and machinery, classified as a ‘main rate' asset, against taxable profit in the year that the investment cost incurred. [Read Full Article (https://caithness-business.co.uk/article/22041)]