{"id":15544,"date":"2018-09-07T10:20:33","date_gmt":"2018-09-07T10:20:33","guid":{"rendered":"http:\/\/suttonmcgrathhartley.3be.co.uk\/?page_id=15544"},"modified":"2025-04-11T08:58:37","modified_gmt":"2025-04-11T07:58:37","slug":"capital-allowances","status":"publish","type":"page","link":"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/","title":{"rendered":"Capital Allowances"},"content":{"rendered":"\r\n    <div class=\"contact-profile-box animated fadeIn\">\r\n        \r\n        \r\n                <div class=\"contact-profile\">\r\n                    <div class=\"contact-profile__image\">\r\n                        <figure>\r\n                            <a href=\"https:\/\/devstagesite.co.uk\/smhgroup\/our-people\/jonathon-dickens-fca\/\">\r\n                                <img loading=\"lazy\" decoding=\"async\" width=\"500\" height=\"500\" src=\"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH-0225-LR-4x5-3-e1741612846616-500x500.jpg\" class=\"attachment-regular size-regular wp-post-image\" alt=\"\" srcset=\"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH-0225-LR-4x5-3-e1741612846616-500x500.jpg 500w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH-0225-LR-4x5-3-e1741612846616-150x150.jpg 150w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH-0225-LR-4x5-3-e1741612846616-80x80.jpg 80w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH-0225-LR-4x5-3-e1741612846616-1000x1000.jpg 1000w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH-0225-LR-4x5-3-e1741612846616-300x300.jpg 300w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH-0225-LR-4x5-3-e1741612846616-400x400.jpg 400w, https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/SMH-0225-LR-4x5-3-e1741612846616-600x600.jpg 600w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/>                            <\/a>\r\n                        <\/figure>\r\n                    <\/div>\r\n                    <div class=\"contact-profile__info\">\r\n                        <div class=\"contact-profile__name\">\r\n                            <a href=\"https:\/\/devstagesite.co.uk\/smhgroup\/our-people\/jonathon-dickens-fca\/\">Jonathon Dickens FCA<\/a>\r\n                        <\/div>\r\n                        <div class=\"contact-profile__title\">\r\n                            <span>CEO<\/span>\r\n                        <\/div>\r\n                        <div class=\"contact-profile__email\">\r\n                            <a href=\"mailto:jdickens@smh.group\"><i class=\"fa fa-envelope\" aria-hidden=\"true\"><\/i> jdickens@smh.group                            <\/a>\r\n                        <\/div>\r\n\r\n                                                    <div class=\"contact-select\">\r\n                                <h3 class=\"call-office\">Call Your Local Office<\/h3>\r\n                                <select title=\"Select Your Local Office\" id=\"select-local-office\">\r\n                                    <option>Select Your Local Office<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Barnsley\" data-number=\"01226 242 250\" data-location=\"Barnsley\">Barnsley<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Buxton\" data-number=\"0129822108\" data-location=\"Buxton\">Buxton<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Chesterfield\" data-number=\"01246 277 266\" data-location=\"Chesterfield\">Chesterfield<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Harrogate\" data-number=\"01423 524 322\" data-location=\"Harrogate\">Harrogate<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Huddersfield\" data-number=\"01484 541 155\" data-location=\"Huddersfield\">Huddersfield<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Leeds (Garforth)\" data-number=\"01132 862 663\" data-location=\"Leeds (Garforth)\">Leeds (Garforth)<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Leeds\" data-number=\"01132 424 677\" data-location=\"Leeds\">Leeds<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Rotherham\" data-number=\"01709 377 909\" data-location=\"Rotherham\">Rotherham<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Sheffield\" data-number=\"01142 664 432\" data-location=\"Sheffield\">Sheffield<\/option>\r\n                                                                                                                                                            <!-- on select, the data number will change the link -->\r\n                                        <option value=\"Wakefield\" data-number=\"01924 376 045\" data-location=\"Wakefield\">Wakefield<\/option>\r\n                                                                    <\/select>\r\n                                <a id=\"call-local-office-link\" class=\"contact-profile__contact hidden\" href=\"\"><i class=\"fa fa-phone animated tada delay-3s\" aria-hidden=\"true\"><\/i><span class=\"contact-number-content\"><\/span><\/a>\r\n                            <\/div>\r\n                                            <\/div>\r\n                <\/div>\r\n\r\n            \r\n    <\/div>\r\n\r\n    \n<p>At SMH Accounting &amp; Business Advisory we offer a range of services to help our clients manage their finances and achieve their goals. One of the key services we offer is Capital Allowances.<\/p>\n<h2>What are capital allowances?<\/h2>\n<p>These are tax deductions that businesses can claim on certain types of capital expenditure and refers to the cost of purchasing or improving assets, such as buildings, vehicles, machinery, and equipment, that are used in the course of running a business.<\/p>\n<p>These allowances provide a means of reducing a business\u2019s taxable profits, which in turn reduces the amount of tax that needs to be paid. They are available to all types of businesses, including sole traders, partnerships, and limited companies.<\/p>\n<h2>What types of capital expenditure qualify?<\/h2>\n<p>There are several types of capital expenditure that qualify, including:<\/p>\n<ul>\n<li>Plant and machinery: This includes items such as computers, vehicles, machinery, and office equipment.<\/li>\n<li>Research and development: Businesses that carry out research and development activities may be able to claim capital allowances on the costs of these activities.<\/li>\n<li>Integral features of buildings: This includes items such as lifts, air conditioning systems, and electrical systems.<\/li>\n<li>Renovation or conversion of buildings: Businesses that renovate or convert buildings may be able to claim capital allowances on the costs of these activities.<\/li>\n<\/ul>\n<h2>Why Choose SMH Group?<\/h2>\n<p>Outsourcing your capital allowances reporting responsibilities to SMH Group has several advantages, including:<\/p>\n<ul>\n<li>Expertise: Our team of tax experts has a thorough understanding of the complex rules and regulations surrounding capital allowances. We can help you identify which types of expenditure qualify for capital allowances and ensure that you claim all the allowances you are entitled to.<\/li>\n<li>Time-saving: Capital allowances reporting can be a time-consuming process. By outsourcing this responsibility to us, you can free up valuable time to focus on other aspects of running your business.<\/li>\n<li>Cost-effective: Outsourcing your capital allowances reporting responsibilities can be a cost-effective option, particularly for small and medium-sized businesses. Our services are tailored to your specific needs, so you only pay for the assistance you require.<\/li>\n<li>Compliance: Ensuring compliance with tax laws and regulations can be a daunting prospect for many businesses. By outsourcing your capital allowances reporting responsibilities to us, you can have peace of mind that your tax affairs are in order and that you are fully compliant with all relevant legislation.<\/li>\n<\/ul>\n<p>Contact the <a href=\"https:\/\/devstagesite.co.uk\/smhgroup\/chartered-accountants\/\"><strong>SMH Accounting &amp; Business Advisory team<\/strong><\/a> on <a href=\"mailto:info@smh.group\">info@smh.group<\/a> or 0114 266 4432 to learn more about learn more about our Capital Allowances services and how we can help you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At SMH Accounting &amp; Business Advisory we offer a range of services to help our clients manage their finances and achieve their goals. One of the key services we offer is Capital Allowances. What are capital allowances? These are tax deductions that businesses can claim on certain types of capital expenditure and refers to the cost of purchasing or improving assets, such as buildings, vehicles, machinery, and equipment, that are used in the course of running a business. These allowances provide a means of reducing a business\u2019s taxable profits, which in turn reduces the amount of tax that needs to be paid. They are available to all types of businesses, including sole traders, partnerships, and limited companies. What types of capital expenditure qualify? There are several types of capital expenditure that qualify, including: Plant and machinery: This includes items such as computers, vehicles, machinery, and office equipment. Research and development: Businesses that carry out research and development activities may be able to claim capital allowances on the costs of these activities. Integral features of buildings: This includes items such as lifts, air conditioning systems, and electrical systems. Renovation or conversion of buildings: Businesses that renovate or convert buildings may be [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":16796,"parent":15546,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"templates\/template-services-subservice.php","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-15544","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SMH Group - Capital Allowances<\/title>\n<meta name=\"description\" content=\"SMH Group offers expert services in Capital Allowances, helping businesses maximise their tax relief on qualifying expenditures.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SMH Group - Capital Allowances\" \/>\n<meta property=\"og:description\" content=\"SMH Group offers expert services in Capital Allowances, helping businesses maximise their tax relief on qualifying expenditures.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/\" \/>\n<meta property=\"og:site_name\" content=\"SMH Group\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-11T07:58:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/Capital-Allowances-FI.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"585\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/\",\"url\":\"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/\",\"name\":\"SMH Group - Capital Allowances\",\"isPartOf\":{\"@id\":\"https:\/\/devstagesite.co.uk\/smhgroup\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/Capital-Allowances-FI.jpg\",\"datePublished\":\"2018-09-07T10:20:33+00:00\",\"dateModified\":\"2025-04-11T07:58:37+00:00\",\"description\":\"SMH Group offers expert services in Capital Allowances, helping businesses maximise their tax relief on qualifying expenditures.\",\"breadcrumb\":{\"@id\":\"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/#primaryimage\",\"url\":\"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/Capital-Allowances-FI.jpg\",\"contentUrl\":\"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/Capital-Allowances-FI.jpg\",\"width\":585,\"height\":250,\"caption\":\"Capital Allowances\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/devstagesite.co.uk\/smhgroup\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Accounting &#038; Business Advisory\",\"item\":\"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Capital Allowances\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/devstagesite.co.uk\/smhgroup\/#website\",\"url\":\"https:\/\/devstagesite.co.uk\/smhgroup\/\",\"name\":\"SMH Group\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/devstagesite.co.uk\/smhgroup\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SMH Group - Capital Allowances","description":"SMH Group offers expert services in Capital Allowances, helping businesses maximise their tax relief on qualifying expenditures.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_GB","og_type":"article","og_title":"SMH Group - Capital Allowances","og_description":"SMH Group offers expert services in Capital Allowances, helping businesses maximise their tax relief on qualifying expenditures.","og_url":"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/","og_site_name":"SMH Group","article_modified_time":"2025-04-11T07:58:37+00:00","og_image":[{"width":585,"height":250,"url":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/Capital-Allowances-FI.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Estimated reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/","url":"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/","name":"SMH Group - Capital Allowances","isPartOf":{"@id":"https:\/\/devstagesite.co.uk\/smhgroup\/#website"},"primaryImageOfPage":{"@id":"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/#primaryimage"},"image":{"@id":"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/#primaryimage"},"thumbnailUrl":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/Capital-Allowances-FI.jpg","datePublished":"2018-09-07T10:20:33+00:00","dateModified":"2025-04-11T07:58:37+00:00","description":"SMH Group offers expert services in Capital Allowances, helping businesses maximise their tax relief on qualifying expenditures.","breadcrumb":{"@id":"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/#primaryimage","url":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/Capital-Allowances-FI.jpg","contentUrl":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-content\/uploads\/2018\/09\/Capital-Allowances-FI.jpg","width":585,"height":250,"caption":"Capital Allowances"},{"@type":"BreadcrumbList","@id":"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/capital-allowances\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/devstagesite.co.uk\/smhgroup\/"},{"@type":"ListItem","position":2,"name":"Accounting &#038; Business Advisory","item":"https:\/\/devstagesite.co.uk\/smhgroup\/accounting-business-advisory\/"},{"@type":"ListItem","position":3,"name":"Capital Allowances"}]},{"@type":"WebSite","@id":"https:\/\/devstagesite.co.uk\/smhgroup\/#website","url":"https:\/\/devstagesite.co.uk\/smhgroup\/","name":"SMH Group","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/devstagesite.co.uk\/smhgroup\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"}]}},"_links":{"self":[{"href":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-json\/wp\/v2\/pages\/15544","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-json\/wp\/v2\/comments?post=15544"}],"version-history":[{"count":6,"href":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-json\/wp\/v2\/pages\/15544\/revisions"}],"predecessor-version":[{"id":28550,"href":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-json\/wp\/v2\/pages\/15544\/revisions\/28550"}],"up":[{"embeddable":true,"href":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-json\/wp\/v2\/pages\/15546"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-json\/wp\/v2\/media\/16796"}],"wp:attachment":[{"href":"https:\/\/devstagesite.co.uk\/smhgroup\/wp-json\/wp\/v2\/media?parent=15544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}