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Does your business need new kit and equipment?

As mentioned previously – most recently in our article here – there is currently a very generous regime for tax relief on the purchase of new kit, commercial vehicles, fixtures and fittings and the like.

 

This regime means that until 31 December 2015 (subject to any changes in the two Budgets – pre and post election – we expect this year) there is a potential tax allowance of £500,000 available for such purposes.

 

From 1 January 2016 it will be £25,000! Quite a drop!

 

Victoria Bishop, robinson+co’s Tax Partner, says “If you wish to take advantage of this allowance it is very important that you talk to us first. The full availability of the £500,000 is dependent on timing and the interaction of your accounting period end with 31 December 2015. We can plan with you to arrange maximum tax advantages – but only if you tell us first.”

 

Victoria continues “It is important to note that, although commercial vehicles are included in the allowance, cars are not

 

If you have any queries, do not hesitate to contact Victoria on 01900 603623 or victoriabishop@robinsonco.co.uk. Alternatively please speak to your normal robinson+co contact, or click here to leave a message.

News Archive

It's good to know that robinson+co fully understand the issues facing our industry.

Tyson H Burridge, Tyson H Burridge Ltd

After over two decades of outstanding service to my company, robinson+co continue to evolve as my own business has.

Mike Graham, G&M Supplies Ltd

When I became self employed, getting reliable personal and professional financial advice and accountancy help was so important. I have been fortunate to have had such good service from robinson+co over the last five years.

Alison Harker, Wigton

We would like to thank robinson+co for their outstanding service they provide us in dealing with our PAYE and CIS.We find that they are very professional and understanding to our needs.

Carole & Brian Atkinson, B&C Atkinson Ltd

We can't thank Christine Smith enough for all her patience and help in keeping us straight with our payroll etc., and not to forget Tracey Kennett for all our Sage help.

Modern Homes, Workington

robinson+co have acted as accountants for both me and my Limited Company for a number of years, and are without doubt the most reliable, professional and cost effective firm I have ever used.

Paul Blamire - Everhaven Data Solutions Limited

robinson+co is registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.

robinson+co is a trading name of robinson+co (Gosforth) Limited registered in England & Wales 08088245. Registered office Oxford Chambers, New Oxford Street, Workington CA14 2LR. Regulated by the Institute of Chartered Accountants in England & Wales for a range of investment business activities.
robinson+co Financial Services Limited is registered in England & Wales 07272147. Registered office Oxford Chambers, New Oxford Street, Workington CA14 2LR. Authorised and regulated by the Financial Conduct Authority firm number 597189.

Professional indemnity insurance

The firm's professional indemnity insurance policy is provided by Liberty who may be contacted via Bluefin Professions at Castlemead, Lower Castle Street, Bristol BS1 3AG. The policy applies to claims wherever made outside the United States or Canada, based on acts, errors or omissions occurring anywhere in the world.

robinson+co Financial Services Limited's policy is provided by Collegiate Management Services Limited and can also be contacted via Bluefin Professions.

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