Tax Incentives
24th October 2011
The Tax Incentive - ACT NOW
Act now to capitalise on the current Annual Investment Allowance. In order to claim the current £100,000 Annual Investment Allowance, equipment purchased must be available for use in the business in the current tax year.
Best case scenario equivalent to HMRC paying back £40,000!
From April 2012, the Annual Investment Allowance will be reduced to £25,000.
Check with your accountant for details.