Definition of 'capital allowance'
Example sentences containing 'capital allowance'
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The company can claim capital allowances at the point the obligation to pay for the vans becomes unconditional. Times, Sunday Times (2006)Businesses can claim capital allowances for spending on plants and machinery which are deducted from corporation tax on profits. The Sun (2013)From April, companies will be able to claim the full purchase price of electric vehicles against tax under the capital allowances scheme. Times, Sunday Times (2009)
Trends of 'capital allowance'
Used Rarely. capital allowance is in the lower 50% of commonly used words in the Collins dictionary
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Definition of capital allowance from the Collins English Dictionary
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