IT business rabate still on?

Does anyone know if a business can still get a 100% tax refund on IT
equipment, I heard it was going to stop.


Thanks

"Zzaaarathustra" <(E-Mail Removed)> wrote in message
news:eJednQeCh-(E-Mail Removed)...
> Does anyone know if a business can still get a 100% tax refund on IT
> equipment, I heard it was going to stop.

I don't know. You could try uk.finance

Joe Lee


> Thanks

Zzaaarathustra wrote:
> Does anyone know if a business can still get a 100% tax refund on IT
> equipment, I heard it was going to stop.
>

it did stop, maybe 2 years ago. Budget speech etc.
http://www.menzies.co.uk/news_room/tax+news/60

It was a 100% first year allowance, now it will be the same as anything
else with a first year allowance followed by a writing down allowance.

Many businesses charge it to revenue (operating cost) so get the relief
that way.

Phil