capital allowance Definition in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “capital allowance” - English Dictionary

Definition of "capital allowance" - Business English Dictionary

See all translations

capital allowancenoun [C]

uk   us   (also investment allowance)
ACCOUNTING, TAX an ​amount of ​money that a ​businessspends to ​buybuildings, ​equipment, ​vehicles, etc., which it can use to ​reduce the ​tax on its ​profits: A 100% ​capitalallowance is ​available for ​capitalexpenditure on scientific ​research, for ​example, for the ​purchase of a ​laboratory.
(Definition of capital allowance from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of capital allowance?
Add Cambridge dictionaries to your browser to your website
Word of the Day
public school

in England, an expensive type of private school (= school paid for by parents not by the government)

Word of the Day