Anne Fairpo examines the detail contained in the Budget 2003 press releases and reports and finds some interesing items concerning IT
After a rather dull Budget for IT last year the Chancellor produced some interesting items on 9 April. Needless to say almost all of it was hidden in the press releases and reports.
Extension Of First Year Allowances
The temporary 100% first year capital allowances have been extended again and will now be available until 31 March 2004. The allowances were introduced in 2000 for small businesses investing in computers and communications technology.
There have been some complaints about the way this extension has been dealt with — the original...
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Anne Fairpo examines the detail contained in the Budget 2003 press releases and reports and finds some interesing items concerning IT
After a rather dull Budget for IT last year the Chancellor produced some interesting items on 9 April. Needless to say almost all of it was hidden in the press releases and reports.
Extension Of First Year Allowances
The temporary 100% first year capital allowances have been extended again and will now be available until 31 March 2004. The allowances were introduced in 2000 for small businesses investing in computers and communications technology.
There have been some complaints about the way this extension has been dealt with — the original...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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