Annual Investment Allowance

9
Mar

Tax efficient investments ahead of the tax year end

  Don’t forget to make tax efficient investments ahead of the tax year end With the end of the tax year looming there is still time to save tax for 2019/20. Make full use of your ISA allowance – ISAs can offer a useful tax free way to save, whether this is for your children’s future, a first home or

Read more

12
Jul

UK Investment Support Directory

  The UK Investmentn Support Directory is an online tool launched by the Department for International Trade (DIT) for international investors who wish to set up and expand their operations in the UK. The new tool enables international investors to connect with a range of businesses across the UK. Potential investors can find an expert in their specific industry or

Read more

6
Nov

Capital allowances changes

  Capital allowances changes A number of changes to capital allowances were announced at the Budget, including an increase in the Annual Investment Allowance (AIA), for two years to £1 million, in relation to qualifying expenditure incurred from 1 January 2019. The AIA is currently £200,000 per annum. Complex calculations may apply to accounting periods which straddle 1 January 2019.

Read more

4
Jan

Tax relief for energy saving technology

  For a number of years there has been a generous 100% tax break for businesses that install energy saving technology in their premises. This is in addition to the £200,000 annual investment allowance for plant and machinery. The technology that qualifies for this 100% tax break includes energy efficient boilers and energy saving lighting systems. This is set out

Read more

2
Mar

Buy new equipment before 6 April?

    If you are running a business and making up accounts to 5 April, consider buying plant and machinery to take advantage of the Annual Investment Allowance (AIA) of £200,000.  The AIA provides a 100% tax write off for equipment used in your business. This tax relief extends to fixtures and fittings within business premises such as electrical, water

Read more

16
Mar

BUY NEW MACHINERY BEFORE 6 APRIL?

Those running a business and making up accounts to 5 April should consider buying plant and machinery to take advantage of the Annual Investment Allowance (AIA) of £200,000.  The AIA provides a 100% tax write off for equipment used in your business. This tax relief extends to fixtures and fittings within business premises such as electrical, water and heating systems.

Read more

Enable Notifications    Ok No thanks

By continuing to use this site, you agree to the use of cookies. more info

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close