Capital allowances are a type of tax relief for businesses. They let you deduct some or all of the value of an item from your profits before you pay tax. You can claim capital allowances on:...

Complete UK Asset Depreciation Accounting Guide for 2026. Learn straight-line & reducing balance methods, HMRC capital allowances, FRS 102 rules and typical depreciation rates by asset type.

Click here to understand HMRC depreciation rates, how capital allowances work, and how to claim tax relief on business assets.

May 22, 2026 · Discover how capital allowances on vans work for tax purposes and how to maximise your business vehicle deductions under UK tax rules.

For small businesses, the depreciation policy does not affect tax. HMRC ignores depreciation when calculating tax, because they have a different system for setting off Fixed Assets costs against tax - …

May 5, 2026 · This comprehensive AccFirm guide explains exactly how HMRC depreciation rates work, how capital allowances replace commercial depreciation for tax purposes, and the specific rates that …

Instead, by highlighting some difficult areas the review seeks to reach a rapid conclusion on whether a depreciation based approach is desirable, and point to some other areas where further...

May 20, 2026 · The rules are specific, and getting them right means the difference between claiming 100% of the cost in year one versus spreading relief over many years. This guide covers what …

When owning a new or used van, it's important to understand the real rate of depreciation over time. Our guide will explain why vehicles depreciate and how you can minimise the financial impact throughout …

From 6 April 2025, HMRC treats most double-cab pickups as cars, not vans, for both capital allowances and the benefit-in-kind charge, so a double-cab bought expecting van treatment may be excluded …