What Tax Breaks Are There For Businesses?
Businesses should be aware of all the tax relief that is available to them as tax relief can save a business thousands of pounds. First year allowance on office machinery and furniture can provide big savings. There is also tax relief on companies that use ‘green’ technology such as low carbon emission vehicles and energy friendly office systems. Company accountants should know all of the tax breaks available; even paying into a pension plan can be tax deductible.