Capital Allowances
(redirected from Allowances, Capital)

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Capital Allowances

A reduction in a company's corporate tax in order to encourage it to make capital investments. In general, when a company buys capital assets or makes some other long term investment, its corporate taxes are reduced by some amount over and above what the depreciation on the asset would have been. This amount is called the capital allowance.

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Financial Dictionary

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Capital Allowances (redirected from Allowances, Capital)

Capital Allowances
(redirected from Allowances, Capital)