Plant and machinery allowances: Difference between revisions
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''UK tax.'' | |||
(PMAs). | (PMAs). | ||
An annual tax allowance given to a business in respect of capital allowances for its qualifying capital expenditure on machinery and similar qualifying items. | An annual tax allowance given to a business in respect of capital allowances for its qualifying capital expenditure on machinery and similar qualifying items. | ||
Revision as of 08:57, 3 March 2022
UK tax.
(PMAs).
An annual tax allowance given to a business in respect of capital allowances for its qualifying capital expenditure on machinery and similar qualifying items.
PMAs are an example of Writing down allowances.
