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Post Info TOPIC: AIA allowances
BackOfficeGroup


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AIA allowances
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Hi guys

I have been so busy that I have not been on here much lately. A quick question, as I have not the time to look myself, is the AIA still on for this year, as I have a client who want to purchase a van and I want to make sure he can claim 100% of the cost - the van is under the 50k limit!

Cheers.

P

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cheapaccounting


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do you mean for 2010 / 2011?

source:

http://www.hmrc.gov.uk/budget-updates/autumn-tax/tiin1315.htm

The maximum amount of the Annual Investment Allowance (AIA) for business investment in most plant and machinery will be reduced from £100,000 to £25,000 a year from April 2012.



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BackOfficeGroup


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Brilliant, thanks for the quick repsonse!

P

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