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capital allowance

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noun
the practice of allowing a certain amount of money spent by a company on fixed assets to be taken off the profits of the company before tax is imposed
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QUIZ YOURSELF ON OPPOSITES OF RED BEFORE YOU TURN SCARLET
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Which of the following colors is used to symbolize AIR?
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

How to use capital allowance in a sentence

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