London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Advance warning on the Annual Investment Allowance (AIA)

The AIA, that gives 100% relief on qualifying capital spend, is currently capped at £250,000.  However, from 1 January 2015 the maximum amount will revert back to £25,000.  Where an accounting period straddles this date, an apportionment will be required.

Where the AIA limit is exceeded, the capital allowances available will be much lower, currently a maximum of 18% p.a. but potentially only 8% p.a., dependent on the type of asset.

Timing of capital spend this year will be important.

 

 

Date: 24th February, 2014
Author: Cathy Corns

SHARE THIS

Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

Mercer & Hole’s @GudgionJa progress in @CelebJustDance - Not much longer to Waite now….. bit.ly/2gqZOZq @MKDonsSET

Mercer & Hole’s Michael Lapham impresses at the @MoneyMgmtMag Financial Planner Awards bit.ly/2yw3Ieetwitter.com/i/web/status/9…

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn