Tax Relief on Medical Expenditure

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18th December 2012

Chancellor delays Christmas.
Don’t go splashing out on new medical/dental toys before Christmas; wait until the January “tax sale”!
The Annual Investment Allowance is to increase from 1st January 2013 to £250,000 for a two year period. Therefore careful planning pre and post 31st December 2012 could accelerate a claim for allowances and reduce the tax bill for the associated period. Please contact us to discuss this with one of our tax specialists.

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Tax Relief on Medical Expenditure