Annual investment allowance of 100% on plant & machinery

News: January 2013

Annual investment allowance of 100% on plant & machinery

This is a major development for all businesses, who will be able to claim 100% tax relief on expenditure of up to £250,000 in each of 2013 and 2014. That is instead of the current level of £25,000 – an increase of 10 fold to try and increase investment. It is reckoned that 99% of all businesses do not spend more than £250,000 each year. Careful planning on the timing of your capital expenditure needs is essential to take advantage of this tax break.

Leave A Comment

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