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Annual Investment Allowance
6 January 2015

As we come out of the recession a lot of firms are getting busier and are beginning to expand, this is the most important time for a business to consider its capital allowances and if they can take advantage of the current ceiling limit of half a million.

At the last budget the maximum amount of the Annual Investment Allowance (AIA) was increased from £250,000 to £500,000 for all qualifying expenditure on plant and machinery made from 1st April 2014 for corporation tax ‐ and 6th April for income tax.

While the current limits are quite generous for most businesses, it is very important to consider the timing of capital expenditure to ensure that tax relief is optimised, because after 31st December 2015 the limit, with the absence of any other provisions, will be reduced back to £25,000.

If you are considering spending your money on plant and machinery it would be wise to discuss this with your professional financial adviser before making a commitment.


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"The Walker Group has worked with Dutton Moore for more than 30 years. They have acted on behalf of all the Group’s companies and the family and are trusted and highly experienced business accountants, auditors and business advisers."

Lee Davies, A.C.A, Financial Director, Walker Group

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Jeremy Saunt, Director at Johnson and Saunt

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Robin Orr B.Com; C.A; C.T.A, Financial Director, F.Smales & Son (F.M.) Ltd, Hull

"Having worked with Dutton Moore for many years now, we have always found the service extremely professional, prompt and courteous. As a growing business over the years their advice has been exemplary and without their valuable assistance in accounting and strategic planning we would have found the many transitions of growth a lot more challenging."

Richard Spencer, Commercial Director, Spencer Signs Ltd, Hull

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