First Year Allowances (FYAs) are a powerful tax relief for UK businesses, offering a 100% deduction on qualifying capital expenditure in the same year the investment is made.
Immediate Tax Relief
Boost cash flow and profitability with upfront deductions.
Investment Incentive
Encourages significant capital investments by reclaiming full costs quickly.
Environmental Focus
Rewards green initiatives, such as energy-efficient equipment and low-emission vehicles.
FYAs are available for specific assets, including:
Energy saving technologies
Water efficient technologies
Low CO2 and zero-emission vehicles
Gas refuelling station equipment.
Include eligible expenditures in your corporation tax return, deducting the full cost from profits for that year.
At HyperTech, we help businesses identify qualifying assets and strategically utilise FYAs to drive growth and sustainability. Let us guide you in maximising this tax-saving opportunity.
©2025 Hypertech Partnership. All Rights Reserved
