Our coverage on Capital Allowances focuses on the tax, policy, and legislative developments affecting the treatment of capital expenditure for UK businesses. Accountancy Today reports on changes to annual investment allowances, full expensing measures, and sector-specific eligibility guidance issued by HMRC. We analyse the implications of Budget announcements, fiscal reforms, and tribunal decisions on property, plant, and equipment claims—particularly relevant to accountants advising corporates, developers, and SMEs. Our editorial also examines compliance risks, planning opportunities, and the role of capital allowances in broader tax efficiency strategies. This coverage equips tax professionals, advisers, and partners with timely insights into a crucial area of business taxation.