Spears Indices

Accountancy Index

From the Big Four to the boutique firms, accountants do far more for HNWs and their businesses than merely counting beans. With the help of expert insiders, Freddy Barker and Mark Nayler profile the leading performers in their field

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Q

In this new anti-tax-avoidance era, when so many tax reliefs have been withdrawn, I've heard that investing in a Business Property Renovation Allowance scheme is one of the few remaining good opportunities for maxing your tax position. Is it true that you can get up to 100 per cent tax relief on the amount invested? And what exactly are these schemes? How do they work? What are the upsides? Downsides?

A

In this climate, it is a relief to see one potentially attractive tax allowance come through unscathed from recent criticism

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