making materials used in construction including plant and machinery delivering materials work on construction sites that’s clearly not construction, e.g. running a canteen or site facilities You could incur a penalty of up to £3,000 if you give the wrong employment status for a subcontractor...
Plant and machinery used in your daily operations Shares in your business As well as physical assets, intangible assets can also be classified as capital gains, and are therefore subject to capital gains tax. These may include registered trademarks / intellectual property or even your business’ re...
Alternatively, they may sell software or other goods and services that are required for business operations. These are known as B2B transactions. These cover general operational costs, as well as capital expenditures such as new equipment, machinery or plant that could enhance operations. In ...
Machinery, such as dishwashers, refrigerators, plant machinery, etc. Vehicles, if used for the purpose of running the business In addition, capital allowances can be claimed for renovations (as long as they pertain to the business property), costs pertaining to research & development, as well ...
Finance leases are a form of business loan and as such the responsibility for servicing and maintenance of any plant, equipment or machinery rests with the hirer. Insurance Leased assets should be insured comprehensively and details of the lender noted on your insurance policy. ...