HMRC Increases The Annual Investment Allowance Cap

From April 2014, the Annual Investment Allowance (AIA) has been set at £500,000 per year, up until 31 December 2015.

The AIA is a 100% allowance for tools and equipment, up to the amount of the cap. The allowance is available to the majority of individuals, partnership and companies (where all members are individuals). The AIA can ease cash flow and therefore encourages investment and makes life easier for businesses.

Read more about the change to the cap on HMRC’s website.

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