Capital Allowances allow a business to gain relief from Corporation Tax on money spent on capital equipment purchases such as vehicles. The relief is received by allowing the company to reduce its taxable income by an amount equal to the pre-tax value of the asset. The company therefore “writes down” the asset against profits. They […]
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Accelerated Capital Allowances for Electric Vehicles
04/06/2013 by EV News Ireland
Filed Under: Grants / Tax Incentives, News Tagged With: ACA, Capital Allowance for EV, Electric carTax relief, Tax incentives for ev