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 Accounting News & Insights

Latest WW blog: Low emission cars - 100% first year capital allowance

30th August 2013

Imagine you are in the market for a new company car. What drives your decision? What are the key factors you are looking for? Is it about the cost, the performance, the image, the reliability? In an ideal world cost would not be an issue, but in current economic times cost is the key factor in most decisions.

If you buy a new car for your business that has CO2 emissions of 95g/km driven, or is electric, you can qualify for a 100 per cent first-year capital allowance (FYA). This allows you to offset the whole cost of the investment against taxable profits in the year you make the purchase until 31st March 2015, saving you tax and helping the environment at the same time...

Click here to read the full article


Accounting News & Insights

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Latest WW blog: Low emission cars - 100% first year capital allowance

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