Capital Allowances

by Sarah Laing

Revised and up to date for 2025/26. This course will help you to manage tax liability by claiming the appropriate capital allowances. Discover the types of reliefs available for cars and structures and buildings. You'll also gain an awareness of the associated issues and pitfalls involved.

price £100+vat
cpd hours 4 CPD hours
access 120 days' access

This course will enable you to

  • Understand the basics of capital allowances
  • Define what is and isn’t capital expenditure
  • Recognise who can claim capital allowances and how they are claimed
  • Identify different capital ‘pools’ and the rules for each
  • Advise on capital allowances for cars, structures and buildings
  • Avoid some common pitfalls

About the course

Capital allowances reduce a business’s taxable profits and enable it to retain more of its profits. With depreciation not allowable for tax purposes, a thorough understanding of capital allowances is critical in managing the tax liability for any business with capital expenditure.

This course explains how to identify capital expenditure and whether it is allowable, and explains capital allowances and the practical issues you could encounter. You'll discover different capital allowances 'pools' and rules for each, as well as the reliefs available for cars and structures and buildings.

Look inside

imac
slide-1
slide-1-thumbnail
slide-2-thumbnail
slide-3-thumbnail
slide-4-thumbnail
slide-5-thumbnail

Contents

  • Introduction to capital allowances
    • Capital allowances overview
    • Capital allowances
    • Claiming capital allowances
    • Finding the tax legislation
    • Explaining capital expenditure
    • Plant and machinery
    • Full expensing
    • Other types of capital allowances
    • Key things to remember
  • Pooling and fast-track allowances
    • Capital allowance pools
    • Claiming capital allowances
    • Explaining pooling
    • Understanding first year allowances
    • The AIA
    • General exclusions
  • Further allowances
    • Available reliefs for cars
    • Buildings
    • Dealing with structures and buildings
    • The key features of SBAs
    • Qualifying activities
    • Claiming SBAs
    • Other types of expenditure
    • Research and development allowances
  • Practical issues
    • Key practical issues
    • Claiming capital allowances
    • The date of expenditure
    • Time limits for capital allowances
    • AIAs and WDAs
    • Getting the timing right
    • Writing off small pools

How it works

Author

Sarah Laing

Sarah is a Chartered Tax Accountant (CTA) and a member of the Chartered Institute of Taxation (CIOT). Sarah currently works as a freelance tax author providing technical writing services to the tax and accountancy professions.

Reviews

Recommended

Why not upgrade?

Find the best way to complete your CPD

Course

Need just a few unitshourshours?

Pick n Mix

All you need for this year's CPD.

Licence

All you need for this year and more.

Team

Keep your whole team up to date.
Access to this course
Total CPD unitshourshours4 unitshourshours21 units20 hours21 hours1,500+ unitshourshours1,500+ unitshourshours
Access period120 days120 days12 months12+ months
Audit-proof CPD completion certificate
Immediate access to our entire CPD catalogue
Monthly webinars, 15-minute CPD Bites, video interviews with industry leaders, and more!
Account manager on hand to support your team’s needs
Learn moreLearn moreLearn more

Why not upgrade?

Find the best way to complete your CPD

You might also like

Take a look at some of our bestselling courses