AIA increased allowance extended to January 2022

16th November 2020

Earlier this month we published a post about the proposed change to the AIA limit and the advice to act quickly if you wanted to make use of the temporarily increased allowance of £1m from £200,000.

There is good news for those who wish to take advantage of this additional limit in that HM Treasury announced last week that the £1 million tax break “to stimulate investment in UK manufacturing, to support business confidence”, is now extended to 01 January 2022