AIA tax relief up to £250,000 – use it or lose it!

Many businesses are still unaware that they could be claiming tax relief on up to £250,000 worth of asset expenditure and are missing out on an easy way of reducing their tax bills, warns Julia Whelan, tax partner at Curo Chartered Accountants. The Annual Investment Allowance (AIA) was increased to £250,000 with effect from 1 January 2013 and will reduce … Read More

Fancy tax relief of up to £250k on your assets?

From 1 January 2013, the Annual Investment Allowance (AIA) increases to a maximum entitlement of £250,000 meaning businesses can claim up to this amount on the purchase of new assets. This higher rate will be available until 1 Jan 2015 when it reverts to £25k and has been introduced to encourage investment in plant and machinery in a bid to aid the … Read More