At the end of July draft legislation was published confirming that the new UK Government will go ahead with the abolition of the Furnished Holiday Let (FHL) regime.
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At Wandsworth Consulting, we have found that there are many common myths surrounding capital allowances UK, and we explore some of those key myths below.
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Maximising capital allowances reduces taxable profit, resulting in reduced tax liability which brings significant cash savings for UK corporate and income taxpayers.
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Land Remediation Relief (LRR) is a valuable tax relief available to companies that incur costs in cleaning up contaminated land or buildings.
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