Capital allowances: AIA, WDA and pools
Tax & Compliance · AIA & WDA
Capital allowances reduce your tax bill when you buy equipment. Statemint holds a pool for each type of asset and each tax year, can fill the balances from your asset register, and totals the allowances you are claiming.
What you can do
- Add a pool step by step: pool type, balances, allowances and notes
- Fill opening balance, additions and disposals from your asset register
- Apply the annual investment allowance and writing down allowance
- See total allowances claimed for the tax year
- Follow the tax year you picked on the Home screen
Who it's for
Available to business accounts. Sole traders · Limited companies · Accountants & bookkeepers
Included in your plan
Every plan includes every feature for its business type, so Capital Allowances is part of your plan. See pricing.