• A capital allowance is an expenditure a British business may claim against its taxable profit under the Capital Allowances Act.


    Capital Allowance meaning & definition 1 of Capital Allowance.


  • an amount of money that a business spends to buy buildings, equipment, vehicles, etc., which it can use to reduce the tax on its profits:

    Capital Allowance meaning & definition 2 of Capital Allowance.

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