Tag Archives: AIA

Temporary Increase in Annual Investment Allowance – Importance of Timing

Capital Allowance

Are you aware of the temporary increase in the tax allowance available on your plant and machinery expenditure? With effect from 1 January 2019, the Annual Investment Allowance (AIA) has been increased from £200,000 pa to £1,000,000 pa for a two-year period only. However, if your accounting period extends beyond […]