Temporary increase in the Annual Investment Allowance – are you affected?

24th March 2019

Are you a business investing more than £200,000 in plant and machinery from January 2019?

In the 2018 Budget it was announced that the Annual Investment Allowance (AIA) would be temporarily increased from £200,000 to £1m from 1 January 2019 to 31 December 2020. This is a policy designed to encourage business investment in plant and machinery.

If you are a business which could benefit from this policy and would like further advice, please contact Rachel Skells or Michael Greene.