| 2024-25 | 2023-24 | ||||
| Plant and Machinery | 18% | 18% | |||
| Long life assets, integral fixtures | 100% | 100% | |||
| Full expensing -100% FYA (companies only) | 50% | 50% | |||
| Full expensing - Special Rate FYA (companies only) | 50% | 50% | |||
| R&D Intensive SME deduction rate | 186% | 186% |
| R&D Merged Scheme | 20% | - | |||
| Structures and buildings allowance | 3% | 3% | |||
| Annual Investment Allowance (AIA) | £1,000,000 | £1,000,000 |
| Cars | 100% | 100% | |||
| New and unused, CO2 emissions are 0g/km (or car is electric) | 100% | 100% | |||
| Second hand electric car | 18% | 18% | |||
| New or second hand, CO2 emissions are 50g/km or less | 18% | 18% | |||
| New or second hand, CO2 emissions are over 50g/km | 6% | 6% |
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PHS Associates Acc & Co is led by a skilled team with expertise in Accounting, Taxation, Payroll, Business consultancy, and Company secretarial services.
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Company number - 08670151
