Annual Investment Allowance (AIA) Archives

Mar 30 2023

All Change For Capital Allowances

By admin Annual Investment Allowance (AIA), Capital Allowance, HMRC, Potts & Co Accountancy & Business Advice News

The 'super deduction' capital allowances, which provide companies with a deduction of 130% of the cost of new plant and machinery, will end for expenditure incurred after 31 March 2023 as scheduled. The Chancellor has proposed a new system of full expensing of the cost of all plant and machinery,…

Dec 03 2022

Investment Incentives

By admin Annual Investment Allowance (AIA), HMRC, Potts & Co Accountancy & Business Advice News, Superdeduction

Companies can currently claim super-deduction allowances set at 130% of the cost of new plant and machinery or 50% of the purchase cost of certain fixtures and fittings for buildings. These super-deductions will expire on 31 March 2023. The annual investment allowance (AIA) cap was due to be reduced from…

Nov 20 2021

Capital Investment Encouraged

By admin Annual Investment Allowance (AIA), Budget Update, HMRC, Potts & Co Accountancy & Business Advice News, Superdeduction

In the March 2021 Budget the Chancellor announced a superdeduction scheme that provides a 130% deduction for the cost of new plant or equipment if it is purchased by a company before 1.4.23. Expenditure on other new assets such as fixtures and integral features in buildings can also qualify for…

Annual Investment Allowance (AIA)

All Change For Capital Allowances

Investment Incentives

Capital Investment Encouraged

Recent Posts

or choose a News Category…

Address:

Call: