Changes To Plant & Machinery Annual Investment Allowance

The Annual Investment Allowance (AIA) dictates up to what amount you can deduct the full cost of qualifying plant and machinery from your taxable profits. Any expenditure incurred outside the AIA is relieved through writing down allowances. As covered in our blog posted 27th July, from 1 January 2016 the AIA is reducing from £500,000 to £200,000, which will come as a … Continue reading Changes To Plant & Machinery Annual Investment Allowance