Capital Allowances And R&D Tax Relief - Are You Claiming Your Entitlement?

Two of the most overlooked business tax reliefs are capital allowances and R&D tax credits. Why? Accountants and business owners alike are simply not aware of them. Much of this boils down to their complexity and the constantly changing legislation surrounding these areas of tax. Many companies are due allowances or rebates of some kind, but have no idea, and, according to HMRC, less than 1% of potentially eligible UK firms are making claims for R&D costs.