Capital Allowances for Pharmacies: Are You Claiming Everything You’re Entitled To?

Capital allowances allow you to claim tax relief on the cost of certain capital assets used in your business, such as equipment, furniture, and even the cost of renovating or improving your pharmacy premises.

Unfortunately, many pharmacy owners miss out on valuable tax savings by not claiming all the capital allowances they are entitled to. In this post, we’ll explain what capital allowances are, which assets qualify, and how you can ensure you're making the most of them.