From April 1 for companies and April 6 for other businesses, the amount of AIA that can be claimed on the cost of buying equipment will fall from £100,000 to £25,000.
There are some tricky transitional rules for businesses with accounting periods spanning the change, but broadly, where you spend more than £25,000, the tax deduction will be spread over many years as opposed to just one year with AIA.
If you are planning on any capital expenditure, it may be worth bringing that spend forward, especially if you have a 31 March year end.
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