Whether you’re running a business or managing your personal finances, a little planning now can save a lot of time and hassle later. 

 One Thing You Can Do This Month to Save Stress (or Tax) 

Plan Purchases Wisely 
Buying equipment or a business vehicle?  

Timing purchases can help maximise first-year allowances and reduce your taxable profits. 

What’s Happening Now: 

 UK First‑Year Allowances Extended – Quick Guide 

The UK government has extended the enhanced capital allowance that lets businesses deduct the full cost of new zero‑emission cars and EV charge points from taxable profits in the year the spend happens. It’s part of the push towards cleaner vehicles. 

 Who this affects 

• Businesses that buy zero‑emission cars for business use. 
• Businesses that install electric vehicle (EV) charge points as plant or machinery. These businesses can claim 100% tax relief in the year of purchase on qualifying spend.  

If you were considering investing in EVs or charge points, this gives you an extra year of generous tax relief – but you need to act before these deadlines: 

 Plan & purchase by: 

• 31 March 2027 for Corporation Tax claims. 
• 5 April 2027 for Income Tax claims. 
  
  If qualifying expenditure is incurred on or before these dates, you can claim 100% first‑year allowances. → After these dates, the extra relief expires. 

Remember, staying organised and acting early is the best way to keep stress low and finances on track. Keep an eye on key dates, tidy your records, and take one small step each month, it all adds up. 

Internet Links :

Capital allowances: extension of first-year allowances for zero-emission cars and chargepoints – GOV.UK