Annual Investment Allowance available for Taxi

Client purchased a Metrocab costing £30,750. Is this eligible for Annual Investment Allowance? Assuming it is can the allowance be restricted in order to reduce taxable profit to the personal allowance level?

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Yes, yes (but not thrice yes)

pawncob |
pawncob's picture

Don't overlook working tax credits (WTC)

DMGbus |
DMGbus's picture